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CESC says power tariff not likely to ease

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Press Trust of India Kolkata

"No," Goenka said when asked whether there were chances of power tariff declining.

"Choice is getting power or not getting power," Goenka said.

Goenka in CESC's latest annual report expressed concern over coal prices.

"As coal costs rise, so will the pressure on pricing. Against this will be the concerns of state governments and state electricity boards, which will try to politically resist such pass-through whenever they can.

"Generation-cum-distribution companies such as yours will have to do a tight balancing act between the needs of the state governments on the one hand and shareholders

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First Published: Jul 27 2012 | 5:05 PM IST

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