The increase in coal cess will improve relative attractiveness of renewables, but increase the overall cost of power for utilities by approximately 10,000 crores, thus impacting retail tariffs and utility financial health.
Tag: Clean Environment Cess
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On the road to growth
The Budget has tried to address infrastructure financing issues by announcing deepening of the corporate bond market and allocation of Rs.25,000 crore towards recapitalization of public sector banks.
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Budget 2016: APP says cess to increase tariff
The Association of Power Producers (APP) has said the increase in Clean Environment Cess announced by the government would have an adverse impact on power tariffs and could lead to an increase of 1213 paise a unit