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Archive > News for 2003 > July

July 26, 2003

Hike in order: Govt.
The state government on Friday dismissed allegations of unjustified power price hike and claimed that its decision will check power thefts and power distribution loss.

Referring to charges levelled by the state Congress as "misleading", the state government claimed that the power supplied to the farmers of the state is one of the lowest in the country. A government release claimed that it was former chief minister Chimanbhai Patel, who had entered into a power purchase agreement with the GSEC in 1994 to buy power at Rs 4.41 per unit. For this, the government had to pay a fixed charge of Rs 42 crore per month

Republished from The Asian Age

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