State government to absorb the burden of the hike in electricity tariff through subsidy for domestic consumers
However, the TNERC order has stated that the State government through a letter dated June 30 has issued a policy directive to compensate for the revenue loss to Tamil Nadu Power Distribution Corporation Limited (TNPDCL) through subsidies instead of passing the burden on to various categories of consumers.
As per the new tariff order, the energy charges have increased from 0.15 paise to 0.35 paise for domestic consumers consuming `between 400 units to more than 1,000 units bi-monthly. There is also a minor price hike for electricity consumers for cottage and micro industries, power looms, industries and information technology services, construction activities, and electric vehicle charging stations.
According to a press release issued by Transport and Electricity Minister S.S. Sivasankaran, the State government would be bearing an additional burden of ₹519.84 crore due to the new tariff revision issued for various sets of electricity consumers. In addition bearing the hike announced for domestic consumers, the State government would be bearing the additional price hike for cottage and tiny industries, power loom consumers, and industrial consumers consuming upto 50 kilowatt (KW). A total of 2.83 crore electricity consumers are in the State.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


News18
11 hours ago
- News18
IBPS PO Salary 2025: Pay Scale, In-Hand Salary, Allowances, Perks & Promotions
Last Updated: IBPS has opened applications for PO 2025 recruitment with 5,208 posts. Interested candidates can apply online at The Institute of Banking Personnel Selection (IBPS) has started the online application for the recruitment of Probationary Officers/Management Trainees (PO/MT) for the year 2025, offering 5,208 vacancies across participating public sector banks. Alongside job security and nationwide postings, one of the major attractions of the IBPS PO role is the lucrative salary package and comprehensive benefits. The starting basic pay for an IBPS Probationary Officer (PO) has been revised to Rs 48,480. The complete pay scale now follows the format: Rs 48,480–1,740(7)–60,660–2,130(2)–64,920–2,680(7)–85,920, indicating periodic increments over the course of the officer's career. Below is a detailed breakdown of the updated salary structure for IBPS POs: IBPS Bank PO Salary Components After including all applicable allowances and deducting elements such as professional tax and NPS contributions, the net in-hand salary of an IBPS PO stands at approximately Rs 76,500 per month. The gross salary before deductions may reach Rs 90,000, depending on location and bank-specific factors. IBPS PO Perks And Allowances IBPS POs are entitled to a variety of additional benefits beyond their monthly salary: House Rent Allowance (HRA) HRA depends on the city of posting and is calculated as a percentage of basic pay: Dearness Allowance (DA) DA is revised quarterly based on the Consumer Price Index (CPI) and currently ranges between 23% and 39% of the basic salary. Learning Allowance Probationary Officers are also entitled to a fixed Rs 600 per month as a learning allowance, along with an associated DA. Additional Perks Career Growth And Promotion IBPS POs enjoy excellent career progression opportunities. With regular internal exams and performance-based evaluations, a PO can rise through ranks such as: Assistant Manager Branch Manager Senior Manager Chief Manager Assistant General Manager General Manager Executive Director/Managing Director Location : New Delhi, India, India First Published: July 01, 2025, 12:57 IST News education-career IBPS PO Salary 2025: Pay Scale, In-Hand Salary, Allowances, Perks & Promotions

The Hindu
16 hours ago
- The Hindu
Tamil Nadu government to absorb the burden of the hike in electricity tariff through subsidy for domestic consumers
The Tamil Nadu Electricity Regulatory Commission (TNERC) has issued the new tariff order for the financial year 2025-26 based on the Consumer Price Inflation (CPI) index which will come into effect from Tuesday (July 1). As per the TNERC tariff order the escalation rate of the CPI has arrived at 3.16% based on the CPI index of April this year against April last year. However, the TNERC order has stated that the State government through a letter dated June 30 has issued a policy directive to compensate for the revenue loss to Tamil Nadu Power Distribution Corporation Limited (TNPDCL) through subsidies instead of passing the burden on to various categories of consumers. As per the new tariff order, the energy charges have increased from 0.15 paise to 0.35 paise for domestic consumers consuming `between 400 units to more than 1,000 units bi-monthly. There is also a minor price hike for electricity consumers for cottage and micro industries, power looms, industries and information technology services, construction activities, and electric vehicle charging stations. According to a press release issued by Transport and Electricity Minister S.S. Sivasankaran, the State government would be bearing an additional burden of ₹519.84 crore due to the new tariff revision issued for various sets of electricity consumers. In addition bearing the hike announced for domestic consumers, the State government would be bearing the additional price hike for cottage and tiny industries, power loom consumers, and industrial consumers consuming upto 50 kilowatt (KW). A total of 2.83 crore electricity consumers are in the State.


New Indian Express
16 hours ago
- New Indian Express
Tamil Nadu to absorb Rs 520 crore to save small firms, domestic users
CHENNAI: As the Consumer Price Index (CPI)-linked annual power tariff revision for 2025-26 kicks in on Tuesday, as per the orders issued by the Tamil Nadu Electricity Regulatory Commission (TNERC) on Monday, the state government has announced that it will absorb Rs 519.84 crore additional cost per year to protect 2.83 crore power consumers, including households and small-scale industries, from incurring higher power tariff. The order issued by TNERC has increased energy charges, fixed charges, and demand charges for all categories of consumers at 3.16% as expected, which is the escalation rate of CPI from April 2024 to April 2025. Soon after the order was issued, a release by Minister for Electricity SS Sivasankar said, as assured earlier by Chief Minister MK Stalin, the increase in tariff will be fully absorbed by the government for 2.42 domestic consumers for all consumption slabs. Since the exemption from fixed charges for domestic consumers will also be continued, there will be no impact on them due to the tariff increase, the release said. The other category of users whose tariff hike will be borne by the government includes low-tension industries with a sanctioned load of up to 50 kW, small commercial establishments using up to 500 units of power bimonthly, cottage and micro industries, and power looms. The release clarified that free power of 100 units for domestic consumers, 1,000 units for power looms, and free power for huts will continue.