Tag: The Union Budget FY17
-
Coal Clean Cess Increase, Power Generation to End Up Expensive
The Union Budget FY17 announced Increase in Clean Energy Cess by INR 200/MT which will directly rise power generation cost/unit further. The Budget announcement with rise in Clean Cess on coal to INR 400/MT will hike Power generation cost in the country by 14-15 paise/unit which in turn will be passed directly on consumers as…