Minister for Electricity V. Senthilbalaji contended on Sunday that constant pressure from the Central government and the Central Electricity Regulatory Commission had forced the Tamil Nadu government to increase the power tariff.
He told reporters in Karur that the Centre’s lending agencies had written on several occasions to the State to increase the tariff.
Moreover, the Tamil Nadu Generation and Distribution Corporation (Tangedco) had been under extreme pressure even to pay interest on loans to the lending agencies because of its mounting losses. Hence, the State had no option but to revise the tariff.
