Power Tariff To Be 20% Less During The Day, Higher During Peak Night Hours
NDTV
The move is expected to help work towards its target of achieving 65% of its energy capacity from non-fossil fuels by 2030 and net zero emissions by 2070.
New electricity rules will allow for cuts in power tariffs of up to 20% during the day and increases of up to 20% during peak night hours, the power ministry said on Friday, in a move aimed at increasing the use of renewable energy.
The system is expected to reduce demand on the grid during peak times when many households crank up their use of airconditioning after work.
It will come into effect from April 2024 for commercial and industrial consumers and a year later for most other consumers except those in the agricultural sector.
"Since solar power is cheaper, the tariff during the solar hours will be less, so the consumer benefits," Power Minister RK Singh said in a statement.
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PM Modi also offered the Congress and Jharkhand Mukti Morcha congratulations for their win in the election in that state.
However, Salman who got married on Friday night will miss his own wedding reception, scheduled for November 26 in Meerut, due to the district ban imposed just a day before the 'nikah' (wedding).
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The Jharkhand Mukti Morcha leader was arrested by the Enforcement Directorate in January and released on bail in June.
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Overall, the BJP has not only retained the three seats it won in 2022 but also flipped two others - Kundarki and Katehari - while also picking up a sixth from allies NISHAD Party.
Fahad Ahmed, a candidate of the Sharad Pawar-led NCP faction, is currently trailing Sana Malik, nominee of Ajit Pawar's NCP, by over 3,000 votes and the counting is nearing completion.
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