Get ready for a hike in electricity bill pan India ,electricity to get costlier roughly by 15-17paisa per unit

Electricity tariff across the country will increase by a minimum 15 to 17 paise per unit after the government today allowed power producers to pass on higher cost of imported coal to consumers.

Finance Minister P. Chidambaram said the Cabinet Committee on Economic Affairs has approved the pass through proposal, which would result increase in power tariff.

“There will be small increase in power tariff. It will be very marginal increase on unit cost of power depending upon the cost of import of coal,” said Chidambaram

source:Agencies