Tamil Nadu agrees to double power tariffs over 5 years

  • 22/12/1998

  • Business Standard (New Delhi)

The Tamil Nadu State Electricity Board (TNEB) has committed itself to a doubling of electricity tariffs in the next 4-5 years, based on which it has agreed to provide a comfort on payments to six independent power producers. This will work out to an annual average increase of 21 per cent.