Coal India (CIL) has increased prices by 4.7 per cent on average, a move that power producers say is likely to lead to an increase in power tariffs by 7 paise per unit to 45 paise. CIL on Tuesday reduced prices of two premium varieties of coal by 12 per cent while increasing prices of the rest, barring one, by 10 per cent. It had last increased prices in January 2011.
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PMC hikes road restoration charge to Rs 2,600 per metre
Road or pavement restoration charges in Pune are going to be increased to Rs 2,600 per metre from the existing rate of Rs 1,900 per metre by the Pune Municipal Corporation (PMC). The PMC has decided to increase the restoration charge of road or pavement that are dug by different service providers to lay cables or pipelines.