SME Times is powered by   
Search News
Just in:   • India-US Trade deal eases strains, opens new pathways: Dhruva Jaishankar  • Interim agreement on framework will lead to broader US-India trade deal negotiations  • Interim US trade pact to open $30 trillion market for Indian exporters: Piyush Goyal  • US deal to play pivotal role in India achieving $100 billion textiles exports in 2030  • RBI leaves repo rate unchanged, sticks to neutral policy stance 
Last updated: 25 Jan, 2023  

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

Power.Resize.jpg
   Top Stories
» US deal to play pivotal role in India achieving $100 billion textiles exports in 2030
» EU, US trade deals to support exports over medium-term: RBI Governor
» Ensuring energy security of 1.4 billion Indians remains govt's supreme priority: MEA
» After Budget and India-US trade deal, all eyes on RBI’s repo rate decision
» US tariffs on Indian goods among lowest after trade deal
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
₹91.2
₹89.5
UK Pound
₹123.35
₹119.35
Euro
₹107
₹103.35
Japanese Yen ₹57.9 ₹56.1
As on 22 Jan, 2026
  Daily Poll
What is your primary "Make or Break" expectation from the Finance Minister this year?
 The Tax Relief
 The Working Capital Fix
 The Compliance Holiday
 The Payment Shield
 The Tech Subsidy
 All
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter