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News Brief | February 2016

Cabinet nod for tariff policy likely by February first week- Goyal

The Cabinet is likely to approve by the first week of February a new power tariff policy with focus on clean energy, better regulation of discoms and faster roll out of investments, Power Minister Piyush Goyal has said.

¨Last consultation process is going on. My own sense is that during this month we should be able to clear, or at best first week of next month,¨ Goyal said when asked about the Cabinet approval for the new power tariff policy.

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.

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