jump to navigation

Sugar companies cash in on power tariff bonanza December 9, 2009

Posted by Agro-Fundoo in Uncategorized.
trackback

December 09,2009

The Uttar Pradesh-based sugar companies are in a hurry to cash in on revised power tariffs. Most of them are converting bagasse fire boilers to multiple fuel boilers to double the revenues from power generation.

Recently, the state government revised the average tariff for non-conventional power by over 30 per cent to Rs 3.90-4.10 a unit. It also allowed mills a flexibility to shift to coal for power generation from bagasse. Mills have been given access to sell power in the open market as well.

Advertisements

Comments»

No comments yet — be the first.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: