Electricity Minister V. Senthilbalaji on Wednesday said the latest hike in the power tariff had been implemented in a manner acceptable to all, and it was unavoidable due to the prevailing financial situation.
Delivering his inaugural address at FICCI’s TANEnergy summit, the Minister stressed the need to augment the State’s own power generation capacity, which stands at 7,175 MW, while the current average demand per day is 17,000 MW. “We have worked on the power tariff hike proposals for over 15 months. Based on a request from industries, we have revised some of the proposals,” he said.