Hike in electricity charges, bus fares likely in Telangana
Synopsis
Power tariff and bus fares in Telangana are likely to go up as the TRS government is mulling a hike in view of financial difficulties being faced by the state-run agencies.
Chief Minister K Chandrasekhar Rao yesterday held a review meeting with officials on power utilities and the State Road Transport Corporation (RTC), a release from his office said.
While RTC has a debt of ₹ 2,275 crores, the power distribution companies (discoms) and the Transmission Corporation (Transco) have a debt of ₹ 2,144 crores on them.
The government would provide the necessary support to the state-run entities, the release stated, adding, people also need to bear some burden.
Rao, however, directed that the hike should not burden common people, it said.
The government's decision on hiking electricity and also state-run Road Transport Corporation (RTC) bus fares is likely to come out today, it added.