As per the sources learned, government is proposing to
increase the power tariff in the Andhra Pradesh. “Price of electricity
might go up by Rs.2 per unit” said by manufacturer based in Hyderabad.
t same price 20800-21,
Prices of steel already start moving with the news, MS Ingot being quoted Rs.
31800/Mt, higher by Rs.400 per tonne being offered yesterday. Sponge being
traded at Rs. 20800-21000/Mt. Billet prices also soured high offered Rs. 32300/Mt.
(+500).
The increase in the price of coal imported by NTPC and reduction of supply of
gas to gas-based power stations resulted in power stations operating at 65 per
cent load factor. This led to higher purchase of power from outside to meet the
growing demands, the discoms explained.
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