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Bihar government sanctions Rs 6043 Crores fo power subsidy to consumers

Bihar government on Tuesday sanctioned Rs 6043 Crores for power subsidy to be given to consumers during the financial year 2021-22.Official sources said here that a decision to this effect was taken in a meeting of cabinet chaired by Chief Minister Nitish Kumar. A total amount of Rs 6043 Crores had been approved by the cabinet for payment against subsidy on per unit consumed electricity by the consumers, sourced added.The subsidy amount of Rs 6043 Crores would be paid at the rate of Rs 503.58 Crores. The subsidy amount would bepaid to National Thermal Power Corporation(NTPC) through Reserve Bank ofIndia.Similarly, Rs 1422 Crores of subsidy would be given to both power distribution companies of Bihar State Power Holding Company Limited for t.....

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