More Shocks! Bihar Govt mulls to hike electricity tariffs

News

Electricity subscribers might get a new shock! The Bihar government is again going to increase electricity tariff from the next financial year. A new electric tariff may be announced within a week.

Electricity rates will be marginally increased even after the permission of only 15% electricity loss.

In the current financial year, South Bihar Electricity Distribution Company got the permission of 30 percent Electricity loss and North Bihar Power Distribution Company got the permission of 24 percent power loss.

Bihar Electricity Regulatory Commission is going to allow only 15% loss to both companies in 2019-20. This tariff is being prepared by making this as a base.

However the question was raised, that if the tariff is fixed at 15% loss then the current electricity rate should be reduced, but it is not going to happen. Both companies have demanded a hike of 5% in the rate.

Author: Team MithilaConnect

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