Gas price increase by 196%, Tripura electricity corp seeks tariff hike

Tripura State Electricity Corporation Ltd has submitted a representation to the state regulatory commission, seeking a hike in power tariff to bridge its revenue gap, a senior official said on Saturday.

There has been no tariff increase in Tripura since 2014, causing a huge loss to the state government-run power corporation, he said.

There has been an average 196 per cent increase in natural gas price in the past one year and the introduction of uniform transmission cost has hit the corporation’s fiscal position.