Tag: Coal Royalty
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Proposed Hike in Coal Royalty to 30% to Push Electricity Tariff Up by 7%
The cohesive demand of the coal producing states in India to hike the royalty on coal to 30%, if actuated, will no doubt raise the revenues of the states; but will also lift power tariffs, leading the common man to bear the brunt. Power tariffs will go up by at least 7%(or, by 10-12 KWH)…