Author: Manish Vasdev
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India: Steel Industry in Maharashtra opposes withdrawal of Power Subsidy
Last week, Maharashtra government withdrew the power subsidy of INR 1.50 per unit enjoyed by the Steel Industry wef Nov’14. Currently, Electricity tariff in Maharashtra is the highest in India prevailing at INR 7.82 per unit. It has become unsustainable for all the consumers & companies to operate in Maharashtra and compete with the cost…