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April 3rd, 2012
Electricity rates subsidised… – CM J Jayalalitha

Chennai:Under oppose from political parties for the steep hike in power tariff, Tamil Nadu Chief Minister Jayalalithaa today announced subsidising part of the increase for domestic consumers.

Making a statement in the state assembly, Ms. Jayalalithaa said the present move will benefit 1.5 crore families and announced an additional subsidy of Rs 740 crore to the Tamil Nadu Electricity Board taking the total subsidy allocation for the department this year to Rs 4294.16 crore.

She said domestic consumers consuming 100 units for two months will have to pay Re. 1 per unit as against Rs 1.10 announced in the revision last week.

“Domestic consumers consuming up to 200 units for two months will need to pay Rs 1.50 as against Rs 1.80” announced by the Tamil Nadu Electricity Regulatory Commission last week.

Similarly, domestic consumers using between 201 to 500 units will have to pay Rs. 2 against Rs 3 for first 200 units and Rs. 3 against Rs 3.50 from 201 to 500 units.