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Punjab Chief Minister Captain Amarinder Singh (File Photo/ANI) After PSERC reduces domestic power tariff, Punjab CM says decision will benefit poor consumers amid COVID-19 ANI | Updated: May 28, 2021 19:17 IST Chandigarh [India], May 28 (ANI): Punjab Chief Minister Captain Amarinder Singh on Friday said that the massive cut, ranging from 50 paise to Rs 1 per unit, in domesticpower tariff will provide major relief to domestic consumers, especially the poor, who are already reeling under financial problems due to the COVID-19 pandemic. According to the Punjab Chief Minister s Office (CMO), this is the second year in a row that the power tariff for domestic consumption in the state has been reduced. Domestic power rates had been cut down by 50 paise per unit by the regulator in 2020 too, it underlined. ....
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Share: The global transformer market is highly lucrative and predicted to witness significant growth at a healthy 6.28% CAGR over the forecast period (2019-2026), reveals the Market Research Future (MRFR) report. A transformer is an electrical machine that is designed for transferring electricity from one specific circuit to another with different voltage levels. There are different forms of transformers that are bifurcated based on a couple of factors such as installation location, winding arrangement, the medium utilized in the core, and the working voltage range. Fascinating Features that Spur Market Growth As per the Market Research Future report, there are numerous factors that are propelling the transformer market size. These include the rise in centralization and industrialization, a surge in the adoption of new flexible transformers for various industrial uses, a rise in the growth of power generation and transmission technologies and microgrids, gro ....