“The power tariff would go up. We have not worked out the details, but it is likely to be about Re 1 per unit," said the minister owing to the government's decision to hike gas prices. Government had raised natural gas prices by more than double, on Wednesday, May 19.
The new gas rate would end up with the increase in power tariff by 2.75 percent on an overall basis and up to 20 percent hike in the price of Compressed Natural Gas (CNG) for automobiles.
The power charges are regulated by the Central Electricity Regulatory Commission (CERC).