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The Hindu

National

The Hindu Bureau

Tangedco to not collect peak hour charges from MSMEs till installation of smart meters

MSMEs MSME Tangedco Association Solar Energy Tamil Nadu

The Tamil Nadu Generation and Distribution Corporation (Tangedco) will not collect peak hour charges from MSMEs (micro, small and medium enterprises) until installation of smart meters.

According to an order issued by the MSME Department on November 10, 2023, the Tamil Nadu government has sanctioned ₹196.1 crores as a subsidy amount to Tangedco towards the non-collection of the peak hour charges (till smart meters are installed) and for a reduction of solar rooftop network charges by 50%, for these units. All low tension industries falling under tariff III B will get this benefit.

Tangedco introduced peak hour charges for MSMEs in September 2022, increased fixed charges by 430% and levied network charges for those units that had rooftop solar energy systems.

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