Indore: Industrial Units, HT Connection Consumers Get Rs 793 Cr Rebate

Indore: Industrial Units, HT Connection Consumers Get Rs 793 Cr Rebate

This surge, attributed to the state government's industry-friendly policies, has led to a significant boost in employment opportunities.

Staff ReporterUpdated: Thursday, March 14, 2024, 12:53 AM IST
article-image

Indore (Madhya Pradesh): The state government has given a rebate of Rs 793 crore to industries and consumers with high-tension connections in Malwa-Nimar region in the last 11 months. Indore city, along with several other districts in Malwa-Nimar region, witnessed an 11 per cent surge in industrial high-tension electricity demand. This surge, attributed to the state government's industry-friendly policies, has led to a significant boost in employment opportunities.

To support this growth, a rebate totaling Rs 793 crore has been allocated for new industries, capacity expansions, and night electricity usage. Madhya Pradesh West Zone Electricity Distribution Company managing director AmitTomar said that the number of high-tension and industrial consumers has risen by approximately 240, reaching a total of 4,450. The ongoing financial year has seen the distribution of 762 crore units of electricity, marking an 11 per cent increase compared to the previous year.

The management has ensured various rebates for industrial and high-tension consumers, including power factor, incremental, greenfield, time-of-day (TOD), and captive rebates, totaling around Rs 584 crore. Additionally, discounts of Rs 2.74 crore for prompt payment and Rs 3 crore for online payment have been implemented. With dedicated personnel overseeing the supply and billing processes, the government remains committed to supporting the burgeoning industrial sector, ensuring sustainable growth and development in the region, the West Discom said.

RECENT STORIES

MP July 25 Monsoon Updates: Heavy Rain Alert In 18 Districts Including Jabalpur, Guna & Shajapur;...

MP July 25 Monsoon Updates: Heavy Rain Alert In 18 Districts Including Jabalpur, Guna & Shajapur;...

Indore: 6 Child Labourers Rescued From Pharma Factory

Indore: 6 Child Labourers Rescued From Pharma Factory

COMBATING | DAVV Ropes In Lokpal Narendra Satsangi As Colleges Furnish Proofs Against...

COMBATING | DAVV Ropes In Lokpal Narendra Satsangi As Colleges Furnish Proofs Against...

Indore: Congress Leaders Demand Action In Idyllic College Paper Leak Case

Indore: Congress Leaders Demand Action In Idyllic College Paper Leak Case

Indore: Ram Mandir Mandav Land Returned To Temple Authority

Indore: Ram Mandir Mandav Land Returned To Temple Authority