News Brief | September 2016
Power tariff to go up by 7percent in Gr Noida from next week
The Noida Power Company Limited (NPCL) - a private company that provides electricity in Greater Noida - has decided to increase tariff rates by up to 7 per cent for domestic consumers and up to 8 per cent for commercial and industrial categories. The decision was taken following an order by Uttar Pradesh Electricity Regulatory Commission (UPERC) to implement uniform tariff rates across Uttar Pradesh. However, there will be no retrospective charges. In Noida, which is already following the UPERC order of last year, there is no change in domestic tariff although a 6-7 per cent increase is expected in the LMV 2 (low and medium voltage category used for commercial consumers) and in the industrial category when the relevant notification comes through, officials said. The UPERC tariff order is for financial year 2016-17 in which there is no increase in domestic and agricultural tariff rates.