After the previous power hikes in power tariff in September 2011 and August 2012, Rajasthan state government is again gearing up for yet another hike in power tariff.
The state government, after a span of seven years, hiked the power tariff by almost 20% in September 2011, which was followed by another hike of 18% in August 2012. The power department is now expected to announce yet another hike in the next three or four months, which is expected to be close to 16%.
The next year being the election year, the hike is expected in the first quarter. Officials are claiming that the percentage of the hike would come down and stabilize at 8% to 10%.
The regular hike in power tariff is part of the agreement drawn between the state government and the centre over reforms to stabilize the financial condition of the state power discoms.
src: timesofindia.indiatimes.com