Politics

‘Will Provide Power @ Rs 4 Per Unit In Future’

CM Chandrababu announced a true down after the true up by the YSRCP government. That move had placed an extra burden on common people. The new decision brought major relief to citizens across Andhra Pradesh.

Energy Minister Gottipati Ravi Kumar later said more reductions are on the way. He confirmed that 13 paise has already been reduced under the true down. He added that power tariffs will continue to come down.

ADVERTISEMENT

The minister said Rs 1.19 will be reduced over the next three years. He stated that the final goal is to bring the cost to Rs 4 per unit. This would be a big drop from the present rates.

CM Chandrababu said the target is to reduce the price from Rs 5.19 to Rs 4 per unit. To support this move the state government will bear Rs 4498 crore. This covers pending power dues due to the 13 paise cut.

The government has also promised there will be no power hike in this financial year. This assurance is meant to give long term stability to consumers. The focus is on keeping power affordable for all households.

Share
Sridhar Raavi

Sridhar is a highly experienced hand in Telugu politics, writing and analyzing political happenings in Andhra Pradesh and Telangana. An IT engineer turned news junkie, Sridhar has a sharp eye for catching news as it u…

Published by

Recent Posts

Sandeep Reddy Vanga Takes a Dig, Social Media Hits Back

Sandeep Reddy Vanga took a direct shot at Sekhar Kammula’s heroes, but social media was…

13 minutes ago

‘90’s’తో పేరు.. ‘EPIC’తో అసలు పరీక్ష!

‘90’s’తో మంచి గుర్తింపు తెచ్చుకున్న దర్శకుడు ఆదిత్య హాసన్ తెరకెక్కించిన ‘EPIC’ నేడు పెయిడ్ ప్రీమియర్స్ తో ప్రేక్షకుల ముందుకు…

42 minutes ago