SME Times is powered by   
Search News
Just in:   • India-US relationship stronger than ever: Trump team charts ambitious agenda  • Piyush Goyal, global CEOs discuss investment opportunities under India-UK CETA  • Beyond MSME Day: What India's MSMEs Actually Need Next  • How EU-India FTA goes beyond tariffs to strategic trust  • Crude oil prices fall up to 2 pc, head for steep weekly losses 
Last updated: 25 Jan, 2023  

Power.Border.Thmb.jpg TN power utility to do away with subsidies for consumers

Power.Resize.jpg
   Top Stories
» India-US relationship stronger than ever: Trump team charts ambitious agenda
» Piyush Goyal, global CEOs discuss investment opportunities under India-UK CETA
» How EU-India FTA goes beyond tariffs to strategic trust
» India, UK explore new opportunities to deepen economic, trade cooperation: Piyush Goyal
» Amazon’s $48 billion investment in India to create new opportunities for youth: PM Modi
IANS | 25 Jan, 2023
The Tamil Nadu Generation and Distribution Company (Tangedco) is to formulate a plan for consumers to give up the 100 free units and other power subsidies. This will come into effect after the Aadhaar linking of the consumers is completed.

A senior officer with Tangedco while speaking to IANS said that the power utility is in the final phase of executing the project and an announcement on the same would be given soon.

The households of Tamil Nadu as well as the weavers are getting 100 free units as a subsidy and the state power department is making alternate arrangements to substitute this.

Streamlining of power subsidies, Aadhaar linking of consumers, and feeder segregation are three major parameters to be executed by a power utility to get the Central government funding.

Tangedco has already taken steps for Aadhaar linking and feeder segregation and the power utility is now planning a scheme so that the consumers are giving up the subsidies voluntarily. If the consumers give up the power subsidies, the financial situation of Tangedco improves.

However, there has to be a separate column on Tangedco website required to introduce the scheme that helps the consumers give up the subsidies voluntarily. The Tangedco will advertise the scheme and report to Tamil Nadu Electricity Regulatory Commission.

With the last date for linking of Aadhaar cards coming up on January 31, the Tangedco, according to the senior official, has no plan to extend the last date. The Tangedco official also said that a new plan for voluntarily foregoing the power subsidy will be submitted before the Tamil Nadu Assembly session is convened.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹95.3
₹93.6
UK Pound
₹127.7
₹123.7
Euro
₹110.65
₹106.9
Japanese Yen ₹59.75 ₹57.9
As on 24 Jun, 2026
  Daily Poll
What’s your biggest challenge with the 45-day payment rule?
 Corporates canceling our orders
 Clients demanding longer credit anyway
 Strained business relationships
 Filing complaints kills future work
 No issues, cash flow has improved
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter