Delhi Chief Minister Arvind Kejriwal had on Tuesday Dec 31,2013 announced that the power tariffs will be slashed by 50 per cent for up to 400 units
"There will be 50% subsidy to those who consume less than 400 units. The subsidised rates will benefit 28 lakh consumers in Delhi. Rates will be reduced further once the audit is over," said Arvind Kejriwal after a meeting of the Delhi Cabinet at the Secretariat.
For units above 201 and up to 400, the charges will be Rs 2.90 per unit against the current Rs 5. In effect, the 50 per cent subsidy will amount to 20 per cent in the case of the first 200 units and around 35 per cent for consumption between 201 and 400 units
The decision to subsidies power tariff, which will involve a cash outgo of Rs 61 crore in the remaining three months of the 2013-14 fiscal.
Delhi Chief Minister Arvind Kejriwal said further decision on the rate cut would be taken after the audit of the three power distribution companies - BSES Yamuna Power Ltd, BSES Rajdhani Power Ltd and Tata Power Delhi Distribution Ltd.
Delhi Chief Minister Arvind Kejriwal said the Cabinet would meet on Wednesday after the three companies submit to the government their views on the proposal for audit of their finances. While ruling out any time frame for the audit, he said a decision on the same can be taken only after studying the replies of the three companies who have been given time till January 1, 2014 to respond.
Note
The previous Sheila Dikshit government had given Rs 1.20 subsidy on the rates for consumption of up to 200 units and 80 paise between 201 and 400 units
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