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New rules: Power 20% cheaper during day, higher during night

Shortpedia

Content Team
Image Credit: NewsBytes

New electricity rules will allow up to 20% cuts in power tariffs during the day and up to 20% increases during peak night hours, the Power Ministry said on Friday. The rules, aimed at encouraging the use of renewable energy, will come into effect from April 2024 for commercial and industrial consumers and a year later for other consumers, barring the agricultural sector.