Don’t miss the latest developments in business and finance.

Delhi's free power plan to cost Rs 500 cr; power subsidy at Rs 2,250 cr

Delhi Assembly on Monday had passed the supplementary demand for grants, including Rs 535 crore for full waiver on power consumption up to 200 units by domestic consumers, in the current year

NTPC prepares war chest to bid for stressed assets; shortlists 8-9 projects
Press Trust of India New Delhi
1 min read Last Updated : Aug 28 2019 | 8:21 AM IST

The AAP government's plan to provide free electricity to those consuming up to 200 units per month will cost the exchequer over Rs 500 crore, taking the total power subsidy to around Rs 2,250 crore in the current financial year. 

According to officials, the Delhi government had set aside Rs 1,720 crore in the 2019-20 Budget to give 50 per cent subsidy on power bills to those consuming up to 400 units a month. 

The Delhi assembly on Monday had passed the supplementary demand for grants, including Rs 535 crore for full waiver on power consumption up to 200 units by domestic consumers, in the current year. 

While announcing the move earlier this month, Kejriwal had said there would not be any substantial increase in subsidy on electricity. 

More From This Section

Topics :Arvind Kejriwal

First Published: Aug 27 2019 | 11:35 PM IST

Next Story