J&K government absorbs 2024-25 electricity tariff increase to maintain subsidies and support discoms.
Jammu & Kashmir (J&K) government absorbs any increase in electricity tariff for the current financial year (2024-25), continuing its support in the form of subsidy on electricity bills to offset any rise in tariff requirements due to rising power purchase cost, inflation, and other factors. This decision helps in bridging the revenue gap for Distribution Companies (discoms) serving Jammu and Kashmir regions.
July 24, 2024
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