Skip to main content

Power subsidy turns cash, will go to bank accounts in Chennai

Power subsidy turns cash, will go to bank accounts in Chennai


Power consumers in Chennai will soon get their power subsidy credited into their bank accounts just as the same procedure applies to that of cooking gas subsidies.

Tangedco has submitted a proposal to the Tamil Nadu Electricity Regulatory Commission (TNERC) for crediting power subsidy to bank accounts of benefitting consumers. After the approval from the TNERC, it would be introduced as a pilot project in Chennai. As per a senior Tangedco official, "Power subsidy must be deposited directly into the consumer's bank account as per the smart city proposal. Chennai would be the first city in the country where consumers will have this facility, if the plan is approved. Before the commencement of the project, consumers bank accounts will be linked to their repective power billing systems".

Tamil Nadu domestic power consumers get two types of Govt. subsidies. After the increase in tariffs in December 2014, Govt. of Tamil Nadu announced no tariff hike for domestic consumers up to 500 units. After the assembly elections win in 2016, chief minister J Jayalalithaa said that first 100 units consumed by domestic consumers would be free of cost. The consumers need to first pay the full amount without any subsidy. Now the TN government will credit the subsidy in the consumers' bank accounts. Tangedco was paid 8,131.56 crore as subsidy for domestic consumers, farmers and huts last year by the Tamil Nadu government. This year the power subsidy is estimated to be around 8,538.14 crore. An article is available on TNEB online Payment

For consumers, it could be bad as they have to shell out of their pocket at the first time. But Tangedco cash flow will be better, because the government provides subsidy only at the end of the financial year.

Out of the 1.92 crore domestic consumers in Tamil Nadu, at least 75 lakh to 80 lakh domestic consumer connections are in Chennai city. Nearly 60% of the Tangedco's revenue comes from domestic consumers. The plan is now only for Chennai city as a pilot project which could be extended later to other cities that have develop under smart cities.

Recent Posts

Popular posts from this blog

Nagarhole National Park Safari Booking Online

Nagarhole National Park Safari Booking Online There is good news for all wildlife enthusiasts and tourists who were appealing to the forest department to introduce online ticket booking system for safari in the Nagarahole national park. All wildlife enthusiasts and tourists wishing and requesting the forest department to begin online ticket booking system for safari in the Nagarahole national park would be happy to know that Nagarhole safari booking online is now active and fully operational. Nagarhole Safari Ticket Booking has been started to bring in more transparency as well as facilitating tourists to plan and book tickets for their safari in advance. It was a demand from the people at large, mostly from Bengaluru, Karnataka and neighbouring states like Kerala and Tamil Nadu who quite often visit the Nagarhole national park to start the online ticket booking system. Nagarhole National Park  Nagarahole (or Nagarhole) name is derived from a windy river named Nagara Ho

Lucknow Jal Sansthan Online Payment, Online Water Bill Payment Lucknow

Lucknow Jal Sansthan Online Payment, Online Water Bill Payment Lucknow Lucknow Jal Sansthan online Payment is now available from November 2016. To facilitate online payment of water and sewer taxes online, you can use the Lucknow Jal Sansthan's online portal from November. From this month, i.e November onwards, you can use the Lucknow Jal Sansthan online portal to facilitate people to pay their tax dues and arrears online and make e-payments faster without having to reach Jal Sansthan's zonal office for water tax payment. As per Jal Sansthan general manager S K Verma, "The portal facility would be launched initially from zone 8 to see the response and check the portal's performance. Soon, it will be launched across Lucknow." Zone 8 includes colonies on Rae Bareli Road and Sultanpur Road like Vrindavan Yojna, Telibagh, South City, and colonies near PGI, Ruchi, Rashmi and Rajni Khands, Eldeco Udyan II, etc. The Lucknow Jal Sansthan online portal is being ch

Calangute Panchayat House Tax Payment

Calangute Panchayat House Tax Payment MAPUSA: The Calangute Panchayat launched its website www.calangutepanchayat.com for providing online services to the people of the village. Calangute Panchayat was launched by MLA Michael Lobo in presence of Sarpanch Anthony Menezes, Panchas and HDFC bank officials. With www.calangutepanchayat.com , citizens of Calangute can now download different forms, track stray cattle and garbage collection along with making online payments such as pay house tax Calangute . Sarpanch Anthony Menezes said that now people can pay Calangute house tax online even if they are outside India. All forms that are needed can be downloaded from the official website of Calangute Panchayat and submitted. Manezes also informed “Mini chips will be inserted in cattle's body so that they can be tracked easily. The cattle registration with its owner details would be done with the Calangute panchayat . Thus owners could track their cattle and people can also identify a