CEA proposes sharp rise in fixed monthly power charges for consumers

NEW DELHI: Central Electricity Authority (CEA) has proposed a nationwide overhaul of electricity tariffs, recommending a sharp increase in fixed monthly charges paid by consumers as power distributors struggle to recover costs amid rising rooftop solar adoption and migration of industries to captive power.The proposal could eventually mean consumers paying a larger portion of their…

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PFC, REC boards clear merger, seek approval from President

NEW DELHI: The boards of state-run power sector financiers Power Finance Corporation and REC Limited on Saturday decided to move ahead with the proposal to merge the two entities.In separate stock exchan-ge filings, both companies said their boards had cleared reserving the merger proposal for approval of President of India, as required under their Articles…

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Sack education minister for NEET fiascos: Congress

NEW DELHI: Keeping up his party’s attack on BJP over repeated NEET fiascos, Congress MP Rahul Gandhi on Saturday said education minister Dharmendra Pradhan should be sacked for the paper leaks that “destroyed the hard work and future of crores of students” under Modi govt.Congress president Mallikarjun Kharge said PM Narendra Modi should hold “paper…

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