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Thursday, December 31, 1998

Power tariff not hiked under World Bank pressure: AP

EXPRESS NEWS SERVICE  
HYDERABAD, DEC 30: The State Government today refuted the charge that it has bowed to pressure from the World Bank to increase the power tariff. ``The hike was mainly to ensure quality power supply to all consumers,'' said Energy Minister Kalidindi Ramachandra Raju.

Addressing mediapersons here, he made it clear that there was no link between the tariff hike and Rs 4,200 crore loan package from the World Bank. ``Several states have increased power tariff in the last few weeks. Can you say all of them followed the WB's dictates?'' he asked.

Replying to criticism levelled by Opposition parties against the tariff hike, the Minister explained that maximum care had been taken to spare the poor and middle class from the additional burden. ``We have exempted the Agriculture Sector and the lower slabs of domestic consumers from the hike,'' he said.

Energy Secretary V S Sampath and AP State Electricity Board (APSEB) Secretary A K Kutty were also present.

Copyright © 1998 Indian Express Newspapers (Bombay)Ltd.


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