Speculations of discom loss ranges at Rs 90,000 cr grossly inflated: Govt
The Ministry of Energy mentioned on Wednesday that reviews about energy distribution firms (discoms) reaching loss ranges of Rs 90,000 crore in FY2021 appear to be grossly inflated.
Media reviews counting on this deceptive projected figures of discom losses by ICRA don’t take into cognizance the truth that below the present regulatory system of electrical energy tariff dedication, a mechanism of true-up’s already exists that might enable recoveries of losses arising as a result of change in client category-wise consumption patterns coming with Covid induced lockdowns to be coated by way of tariffs within the subsequent 12 months. Learn extra
Home LPG value hiked by Rs 25 a cylinder, to value Rs 859 in Delhi NCR
The worth of a home (14.2 kilogram) Liquefied Petroleum Gasoline (LPG or cooking fuel) cylinder was hiked by Rs 25 apiece on Tuesday. After the hike, a home cylinder would now value Rs 859 apiece within the nationwide capital.
The worth has been hiked in related proportion throughout the nation. Learn extra