Chhattisgarh State Power Distribution Company Ltd (CSPDCL) in press release dated 12 Jun, 2014 has announced a marginal hike in power tariff by 10 paisa per unit. As per the industry veteran of MSP (Mini Steel Plant), the new tariff for the steel sector can understand by three options.
Prevailing Power Tariff: Energy charges to INR 3.50 per unit with demand charges to INR 360 per KVA
New Revised Power Tariff available to MSP with 3 Different Options
|
Option |
Energy Charges Per Unit |
Demand Charges Per unit |
Load Factor |
|
A) |
INR 3.60 per Unit |
INR 360 per KVA |
Same Load Factor |
|
B) |
INR 3.80 per Unit |
INR 200 per KVA |
Minimum Load Factor |
|
C) |
INR 3.30 per Unit |
INR 360 per KVA |
High Load Factor: Subject to Minimum 70% annual consumption to Annual Load Factor |
CG State has more than 120 furnace units and this unit prefers Sponge iron as raw material, which consumes electricity approx 800-900 units/tone. As per the industry manufacturers, the increase in electricity tariff by 10 paisa will raise the monthly electricity payout bill per unit by INR 2-3 lakhs. However, today semi finish trade market ignored the electricity hike considering it as marginal hike, which has been observed by manufacturer.
Note: For more details please download the circular click here.
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