Skip to main content

OUR MOTO:

Honest, Transparent, Reliable News Broadcasting .
::

Due to a surge in global gas prices, power tariffs have been increased in Tripura.

.


Tripura's Power Minister, Ratan Lal Nath, addressed the recent power tariff increase in the state, attributing it to the significant surge in global gas prices. The spike in gas prices has imposed additional financial strain on the state-owned Tripura State Electricity Corporation Limited (TSECL), prompting the Tripura Electricity Regulatory Committee to deem the tariff adjustment necessary.

Minister Nath acknowledged that even with the tariff adjustment, TSECL would continue to operate at a deficit due to a substantial gap between revenue generation and expenditures. Nevertheless, he expressed optimism about the corporation's future prospects, aiming to transform it into a profitable government enterprise. This transformation plan involves streamlining billing processes and taking timely actions to curb theft.

Minister Nath pointed out that tariffs had been revised multiple times during the Left's tenure, resulting in an overall tariff increase of 134 percent between fiscal years 2006-07 and 2014-15. However, there were no adjustments until 2023, when a seven percent increase was mandated after a rigorous process that included public hearings, addressing objections, and consulting consumers and advisory bodies. He emphasized that neither TSECL nor the Power Department had the authority to alter energy rates.

Minister Nath explained that the surge in gas prices had a substantial impact on Tripura, as its energy production primarily relies on gas-based thermal power production. Gas prices had risen by 196 percent from 2.90 US dollars to 8.57 US dollars per MMBtu (Metric Million British Thermal Unit) in Indian currency terms in 2022-23.

Despite the tariff adjustment, Minister Nath assured consumers that diligent bill payment would be rewarded with a flat five percent rebate if settled within seven days of receiving a fresh statement. For prompt payers, the net impact of the increase amounts to only two percent, and while this would affect TSECL's finances, consumers would ultimately benefit from this arrangement.

Comments

Post a Comment

Popular posts from this blog

Russian Sage's Sacred Gift Symbolizes Indo-Russian Spiritual Bonds

In a meaningful cultural exchange at yesterday's Book Fair, Tripura Chief Minister Prof. Dr. Manik Saha received a copy of the Bhagavad Gita from a Russian ISKCON Follower Namely SAHADEV DAS alias Stanislav Zhuk ( Russian Name ), underscoring the growing global embrace of Indian spiritual wisdom. The ceremonial presentation highlighted the enduring appeal of ancient Indian texts across geographical and cultural boundaries. The Russian Prabhu Sri SAHADEV DAS  emphasized the universal relevance of Lord Krishna's teachings in the Gita, particularly its guidance on righteousness (dharma) and self-realization. ISKCON (International Society for Krishna Consciousness) has played a pivotal role in disseminating Vedic knowledge globally since its founding by Srila Prabhupada in 1966. The movement has been particularly successful in Russia, where interest in Indian spirituality has grown significantly in recent decades. "This exchange symbolizes the timeless nature of the Gita...
Post a Comment
Read more

Tripura Celebrates 76th Republic Day with National Pride

  Tripura marked the 76th Republic Day with a grand celebration at Assam Rifles Ground, Agartala. Governor Indrasena Reddy Nallu hoisted the national flag and inspected the ceremonial parade, highlighting the state's commitment to national unity and pride. The event featured impressive contingents from various security and youth organizations, including BSF, CRPF, Assam Rifles, Police departments, NCC, NSS, and school units. Distinguished guests including Chief Minister Dr. Manik Saha, MP Rajib Bhattacharjee, and Leader of Opposition Jiten Chowdhury attended the ceremony. A highlight of the event was the Governor's recognition of police officers' outstanding service through medal and shield presentations. Drill competition winners were also felicitated, acknowledging their exceptional performances. The celebration showcased remarkable performances, including women police bikers' daring stunts and jawans' impressive acrobatic displays. A vibrant cultural programme...
Post a Comment
Read more

Tripura's Chief Minister Manik Saha has unveiled a groundbreaking skill development initiative called 'Skill-Uday Tongnai

Tripura's Chief Minister Manik Saha has unveiled a groundbreaking skill development initiative called 'Skill-Uday Tongnai' at the Tripura Institute of Technology, marking a significant step towards addressing youth unemployment and fostering entrepreneurship in the state. The programme is ambitiously designed to benefit 80,000 students from schools and colleges across Tripura, with a particular emphasis on empowering young individuals through comprehensive skill development and economic opportunities. The programme's name itself is a testament to linguistic inclusivity, blending English, Bengali, and Kokborok languages. "Skill" represents individual empowerment, "Uday" means "rise" in Bengali, and "Tongnai" signifies "inauguration" in Kokborok, symbolizing a transformative journey of youth development. CM Manik Saha emphasized that while the government cannot generate government jobs for every unemployed individual, acqu...
Post a Comment
Read more