Home / Knowledge / News / Textiles / Telangana subsidises power tariff for textile sector
Telangana subsidises power tariff for textile sector
28
Jun '16
The Telangana government has decided to give Rs 2 per unit subsidy on power tariff to textile industries in the state.

The decision was taken by chief minister K Chandrasekhar Rao, at a review meeting on industries, to help the ailing textile sector, including spinning mills, overcome the current crisis phase and to provide relief to workers.

About 40,000 people are working in different spinning mills in the state and the decision to reduce power tariff was taken in the interest of these workmen as the spinning mills are facing crisis, a state government release said.

The decision to provide Rs 2 per unit subsidy in electricity tariff to spinning mills would be reviewed after one year or after the tariff for the next financial year, 2017-18, is finalised next year.

The tariff finalised by the Telangana State Electricity Regulatory Commission (TSERC) on June 23 ranged between Rs 5.65 and Rs 7.60 per kwh for different contracted load categories in the textile sector. These tariffs will now be reduced by Rs 2 per kwh. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

FDI in Vietnamese textile-garment projects on the rise

Apparel/Garments | On 24th Jun 2018

FDI in Vietnamese textile-garment projects on the rise

The European Union-Vietnam Free Trade Agreement and the Comprehensive ...

Courtesy: Alizilla

Apparel/Garments | On 24th Jun 2018

Alibaba Group sets up office in Kuala Lumpur

Strengthening its commitment to Malaysia, Alibaba Group has set up an ...

Bombay Dyeing plans to wind up Indonesian JV

Textiles | On 24th Jun 2018

Bombay Dyeing plans to wind up Indonesian JV

Bombay Dyeing & Manufacturing Co Ltd plans to wind up its loss making ...

Interviews View All

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Urmil Arya

Sushila International, a well established textile organisation established ...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search