GUWAHATI: The Assam cabinet has sanctioned a total subsidy of ₹500 crore to the Assam Power Distribution Company Limited (APDCL) to offset losses from a ₹1 per unit reduction in electricity tariff.
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This was confirmed by Chief Minister Himanta Biswa Sarma after the cabinet meeting held on Monday, May 5.
Of the total amount, ₹300 crore will be offered as a targeted subsidy while ₹200 crore will be allocated as a normal subsidy. Sarma further informed that a review of the electricity tariff will be conducted again in November this year.
In a related announcement, the cabinet also approved the decision to provide ₹5 lakh in compensation for victims of the Pahalgam attack after Sunday, May 12.
