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Punjab slashes power tariff by Rs 3 per unit; Financial burden at Rs 3,316 cr – EQ Mag Pro

Punjab slashes power tariff by Rs 3 per unit; Financial burden at Rs 3,316 cr – EQ Mag Pro

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Chandigarh, In a bonanza to the people of Punjab ahead of Diwali, the Punjab Cabinet on Monday decided to reduce the power tariff to domestic sector consumers having connected load up to 7 KW by Rs 3 per unit.

With this, 69 lakh domestic consumers out of the total 71.75 lakh are going to get benefited, an official statement said.

The total annual financial burden on the state exchequer would be approximately Rs 3,316 crore due to this tariff rationalisation. Existing free power facility up to 1 KW to the Scheduled Caste, Other Backward Classes and the below poverty line (BPL) categories will continue…Read More…

Source : ians

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Anand Gupta Editor - EQ Int'l Media Network