The APDCL (Assam Power Distribution Company Ltd) has submitted a proposal to the Assam Electricity Regulatory Commission (AERC) to hike power tariff by around 23 percent to bridge the revenue.
With the government promising more reforms, the industry is entering the new year on a buoyant note, keen to see positive outcome on 5G spectrum pricing at the mega auction that is just months away.
The price hikes are expected to boost Bharti Airtel and Jio's average revenue per user (ARPU) by ₹25 and ₹20 respectively by March 2022 from ₹153 and ₹144, respectively, reported in the second quarter of the financial year.
Airtel has hiked tariff prices by Rs 500 with the idea that it will help the telecom operator to achieve the average revenue per user (ARPU) mark to Rs 200.