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power purchase cost: Average power purchase cost rises 71 paise/unit in FY22-23

Average power purchase cost increased by 71 paise per unit during FY22-23 due to a rise in various overheads like transmission and distribution rates, Parliament was informed on Thursday. On the rise in power cost due to increased use of imported coal, Union Power Minister RK Singh, in a written reply to the Lok Sabha, said, "Average power purchase cost increased by 71 paise only between FY22 and FY23. This is because of increase in various costs - including an increase in transmission and distribution costs".

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Mumbai News: Tata To Pass On ₹100 Crore Relief To Consumers As Power Purchase Cost Goes Down

The refund, subject to a favourable order from the Appellate Tribunal for Electricity (APTEL) and statutory regulatory approval, will be initiated through the fuel adjustment charge (FAC) for government customers as well as residential consumers drawing 0-100 and 101-300 units every month.

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Explained: How the Karnataka free electricity scheme will work

Tenants can register the RR number of the house they are staying in and provide their Aadhaar number and a copy of the rental agreement to avail the benefits of the scheme.

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