Agartala: Tripura State Electricity Corporation Ltd (TSECL) has hiked power tariff by an average of 5 to 7 per cent, an official said on Sunday. The power tariff hike will come into force from October 1, the official said. The TSCEL once a profit-making government entity has incurred a total loss of Rs 280 crore during 2021-22 FY and a loss of Rs 80 crore in the first three months of the current financial year.
The last time, TSECL revised the power tariff was in 2014. At present, the northeastern state has around 10 lakh consumers. “After taking into consideration all factors and consultation with Tripura Electricity Regulatory Commission (TERC), an average 5-7 per cent power tariff has been increased to save the power corporation”, TSECL’s managing director, Debasish Sarkar told PTI.
The main reason behind the hike was due to the rise in the cost of gas – around 196 per cent over the past few years, he said, adding around 98 per cent of power plants in Tripura are gas-based combined cycle.
