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Cabinet approves new power tariff policy to promote clean energy

Cabinet approved the new power tariff policy to ensure 24X7 affordable power for all.

  • It aims at promoting clean energy, better regulation of discoms and faster roll out of investments.

  • The new policy will reflect a concern for environment and encourage renewable energy.

  • It will also look to strengthen regulatory mechanism so that power distribution companies become more efficient and conscious towards their duties to consumers.

  • The policy is aimed at achieving the objectives of Ujwal DISCOM Assurance Yojana with the focus on electricity for all, efficiency to ensure affordable tariffs, environment for a sustainable future, and ease of doing business.

  • A market development assistance of Rs 1500 per tonne will be given under the policy.

  • It will aid to lower MRP for farmers and compost from city garbage to provide nutrients to soil and will help in keeping city clean.

  • Eco-Mark standard for city compost will ensure that environment friendly quality product reaches farmers.

  • Education and Communication,IEC campaigns will be organized to educate farmers on benefits of city compost and compost plants to be set across states.

  • In 2006, the central government had approved the National Tariff Policy under the provisions of Electricity Act, 2003.

  • It will also promote Swachh Bharat initiative. Under the policy, the power plants will have to use processed municipal waste water available in their vicinity.

 

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