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TN Govt agrees to raise electricity price by 40-42%: REC

PUBLISHED ON: March 21, 2012 | Duration: 6 min, 17 sec

  
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HD Khunteta, Director-Finance of Rural Electrification Corporation says there is a need to hike tariff of Tamil Nadu state electricity by 40-42 per cent to fill the gap between production cost and selling price. He further says that TN government has accepted the decision to hike prices; however the actual order is still awaited.
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