Vote for BJP in urban local bodies" poll for "triple engine" govt in UP: Adityanath

UP: Man booked for attempting to rape 5-year-old girl

Congress to mark 100 days of Bharat Jodo Yatra with concert in Jaipur

BJYM, Hindu outfits put off planned protest march at AMU

Karachi battles gas crisis; residents face unannounced load shedding, 2-hr gas supply in a day

Elderly man in judicial custody dies during treatment in UP hospital

Himachal Pradesh skittle Haryana for 46, take 200-run lead on Day 1

Pak court grants protective bail to PM Shehbaz"s son Suleman in money laundering case

British Library celebrates India ties with exhibition on Hampi

Nine policemen suspended after suspect dies in police custody in UP

Gangster"s property attached in UP"s Pratapgarh district

Maoists torch construction company vehicles in Jharkhand’s Chatra district

Sino-India border situation "generally stable": China on Yangtse clash

Babar Azam not taking advice from seniors, claims Shahid Afridi

Qlite Global launches their exclusive Grand Experience Centre

"Disillusioned with central leadership": Sikkim BJP president says he has resigned

2001 attack anniversary: Ready to guard new Parliament if directed, say CRPF heroes

Class 2 student dies after scuffle with fellow students in UP

Three killed in accident in UP"s Lakhimpur KheriLakhimpur Kheri (UP), Dec 13 (PTI) Three motorcycle borne youths were killed and "

Abandoned girl child from Assam adopted by Spanish professor

Home >> Delhi

Modi govt's proposed amendment will benefit 'selected' power companies, says Kejriwal

| Saturday | 29th September, 2018

With cross subsidy, we are able to charge the weakest sections less and the commercial or industrial sectors more. Mr. Kejriwal questioned the decision of the government to bring such an amendment right before the Lok Sabha elections. If the cross subsidy is done away with, then everyone will be charged ?7.40 unit. "The amendments have been aimed at benefiting two big power generation and distribution companies that are good friends of Prime Minister Narendra Modi," he said. I will also ask the leaders of the non-BJP parties in Rajya Sabha to oppose this amendment," he added.

more-in Delhi Chief Minister Arvind Kejriwal on Saturday said the proposed amendment to the Electricity Act, 2003, which the Central government is likely to bring in the next session of Parliament, would lead to a "steep hike" in power bills for consumers, while benefiting "certain selected big power companies". Addressing a press conference at his residence, the Aam Aadmi Party convenor said the Centre had sent the draft amendment to all state governments on September 7, giving them 45 days to get back with their comments. "The amendments have been aimed at benefiting two big power generation and distribution companies that are good friends of Prime Minister Narendra Modi," he said. Mr. Kejriwal said since the amendment would do away with cross subsidy, which enables lower tariffs for domestic consumers and higher for commercial, power would become "two to five times" more expensive in Delhi, even with the AAP government's subsidy of ?2/unit remaining. "One unit of electricity costs ?7.40 to generate. With cross subsidy, we are able to charge the weakest sections less and the commercial or industrial sectors more. If the cross subsidy is done away with, then everyone will be charged ?7.40 unit. Even with our subsidy of ?2/unit, people will have to pay ?5.40/unit, which is more than five times the existing rate of ?1/unit for consumers of less than 200 units," he said. He added that "future trading" would be allowed in the power sector for the first time, leading to the possibility of the cost per unit of electricity to go up from the existing ?7.40/unit. "I will be writing to all Chief Ministers day after and visiting the non-BJP state CMs to ask them to oppose this amendment. I will also ask the leaders of the non-BJP parties in Rajya Sabha to oppose this amendment," he added. Mr. Kejriwal questioned the decision of the government to bring such an amendment right before the Lok Sabha elections.

If You Like This Story, Support NYOOOZ

NYOOOZ SUPPORTER

₹ 10 - ₹ 1000

NYOOOZ FRIEND

₹ 2000 - ₹ 5000

Your support to NYOOOZ will help us to continue create and publish news for and from smaller cities, which also need equal voice as much as citizens living in bigger cities have through mainstream media organizations.

Stay updated with all the Delhi Latest News headlines here. For more exclusive & live news updates from all around India, stay connected with NYOOOZ.