Assam cabinet approves ₹190 cr power purchase subsidy to avoid tariff hike

The Assam government has decided to extend a power purchase subsidy of Rs 190 crore to a state-owned utility.

In order to protect consumers from a price increase in the fiscal year 2022–2023 and avoid raising rates, the Assam cabinet decided on Friday to extend a power purchase subsidy of ₹190 crore to a state-owned utility.

State Minister Jayanta Malla Baruah told reporters after the meeting that the 24-MW Karbi Langpi Middle II Hydro Project, valued at ₹300.07 crore, was also approved in an effort to increase electricity production.