The Government will consider a new power tariff policy on Wednesday which aims at promoting clean energy, better regulation of discoms and faster rollout of investments. “New power tariff policy will be placed on Wednesday before the Union Cabinet for deliberations and approval,” a source said.
Earlier this month Power Minister Piyush Goyal had told agency that he was hopeful that the Government will be able to clear the new policy in this month or ‘at best first week of next month’.
Besides encouraging faster roll-out of investment, the new policy will reflect a concern for environment and encourage renewable energy. It will also look to strengthen regulatory mechanism so that discoms become more efficient and conscious towards their duties to consumers.