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Tangedco facing financial stress, but no immediate increase in power tariff: P Thangamani, power minister, Tamil Nadu

Tangedco is facing huge financial stress this year. But that will not lead to increasing the power tariff at least in the next few months. State power minister P Thangamani spoke to B Sivakumar on Tangedco’s finances and other issues facing the power sector in Tamil Nadu. Q: Will the state see a power tariff hike soon? A: We don’t have any proposal to revise the power tariff at present. What TNERC has done is only to revise the charges for new connections and even that is yet to be decided. Even though the financial burden is increasing, we don’t want to pass on the same to public. Chief minister has just returned and we will have to consult him. As of now we don’t have any proposal to present even the Annual Revenue Requirement (ARR) to th.....

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