Industries in Odisha will have to pay higher price for sourcing power in Odisha due to the shift in the state's hydro-thermal power mix.
Listing the key challenges in the state's power sector, a report by the Asian Development Bank (ADB) foresees an increase in power sourcing cost, especially for the industries because of the ageing thermal and hydropower stations. Higher power sourcing cost for industries is slated to erode Odisha's competitive edge for investments.
The state, with an average rate of Rs 4.20 per unit, boasts of the cheapest industrial power tariff when compared with other states such as