Railways staring at higher electricity costs after Supreme Court rules it qualifies as ‘consumer’
Indian Railways faces increased electricity costs following a Supreme Court ruling. The court declared the national transporter a "consumer" under the Electricity Act, making it liable for cross-subsidy and additional surcharges on open access power. This decision impacts the railways' operating ratio and power procurement expenses, overturning previous exemptions.
Indian Railways faces increased electricity costs following a Supreme Court ruling. The court declared the national transporter a "consumer" under the Electricity Act, making it liable for cross-subsidy and additional surcharges on open access power. This decision impacts the railways' operating ratio and power procurement expenses, overturning previous exemptions. What's Your Reaction?
