Finance Minister informs that Electricity Rates will fall!
Posted on: 27/Dec/2014 3:50:11 PM
The central Minister for Finance and senior BJP leader, Mr. Arun Jaitley, informed that with increasing competition in power generation, there will be prospects for electricity charges being reduced.
The Minister was participating the function in Delhi for laying the foundation stones for 2 new power projects
Proper mine sharing allotment is the first step to control electricity rates. The companies which acquire mines at lower rates are likely to generate power and sell at lower rates.
Competition in the field of power generation will facilitate fall in electricity rates.
