There should be single rate of power for steel sector: Sharma
06/04/2017 10:09
Steel Secretary Aruna Sharma raised concerns over high power tariff and called for a single rate of electricity across the country for the sector, said media reports. As per reports, the ministry is discussing with the Chhattisgarh government to seek concessional rate of electricity for the sector in the next fiscal also. The Chhattisgarh government's concessional power tariff ended in March. Commenting on the issue, Steel Secretary Aruna Sharma told the media, "There has been a serious concern about the power tariff and the Chhattisgarh government has given a concession to steel sector till March. We are working to get (that concession) in the next fiscal as well." "There is a case for steel ministry to pursue with the power ministry for having single rate of power across the country for steel sector because the variant rates are creating an issue," she added. The secretary added that the power ministry has agreed that as a consortium if the steel companies have 26 per cent of share, then it will be treated as a captive power plant.
06/04/2017 10:09
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Steel Secretary Aruna Sharma raised concerns over high power tariff and called for a single rate of electricity across the country for the sector, said media reports. As per reports, the ministry is discussing with the Chhattisgarh government to seek concessional rate of electricity for the sector in the next fiscal also. The Chhattisgarh government's concessional power tariff ended in March. Commenting on the issue, Steel Secretary Aruna Sharma told the media, "There has been a serious concern about the power tariff and the Chhattisgarh government has given a concession to steel sector till March. We are working to get (that concession) in the next fiscal as well." "There is a case for steel ministry to pursue with the power ministry for having single rate of power across the country for steel sector because the variant rates are creating an issue," she added. The secretary added that the power ministry has agreed that as a consortium if the steel companies have 26 per cent of share, then it will be treated as a captive power plant.
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