Steel rolling industry got big relief in this state, got 24% discount in electricity cess

The steel rolling mills of Chhattisgarh, which are facing recession, have got a big relief from the state government. The Bhupesh Baghel government of the state has decided to give 24 percent rebate in energy charges to rolling mills. The state government informed that the Chhattisgarh government has decided to give a special rebate of 24 percent to the single rolling mills of the state in energy charges for nine months.

According to the order issued by the Energy Department of Chhattisgarh, 24 percent rebate in energy charges payable to rolling mills has been provided on the amount of electricity consumed during the period from July 1, 2022 to March 31, 2023. Due to this, advance payment will be made by the state government to reimburse the loss to the Chhattisgarh State Electricity Distribution Company. Officials said that there are 175 rolling mills in Chhattisgarh.

There are 125 mills operating in Raipur. The continuous increase in coal prices and costly power has affected the operation of rolling mills. To maintain the operation of rolling mills, special relief has been given by giving exemption in energy charges, so that the workers working in them continue to get employment.

225 MW hybrid power project commissioned Tata Power Green Energy Limited (TPGEL), a unit of Tata Power, has commissioned a 225 MW hybrid power project in Rajasthan. Hybrid power systems generate electricity from two or more sources. In this system electricity is usually generated from renewable power sources. Tata power said in a statement that in the project launched on August 2, TPGEL has used solar and wind sources for power generation. It added that the power generated from the project would be supplied to Tata Power, Mumbai Distribution under a power purchase agreement (PPA) valid for 25 years. This plant will bring down about 700 million kg of carbon dioxide (CO₂) emission annually.