AP govt announces power tariff hike

AP govt announces power tariff hike
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AP Govt Announces Power Tariff Hike. Andhra Pradesh government today announced a five per cent hike in power tariff for domestic consumers who use more than 200 units per month.

Hyderabad: Andhra Pradesh government today announced a five per cent hike in power tariff for domestic consumers who use more than 200 units per month.

Chief Minister N Chandrababu Naidu, who made a statement in the Legislative Assembly said the Aggregate Revenue Requirement (ARR) for 2015-16 is Rs 25,515 crore, while revenue from tariff as approved by Andhra Pradesh Electricity Regulatory Commission (APERC) is Rs 22,329 crore, leaving a revenue gap of Rs 3,186 crore.

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