The West Bengal government has reduced power tariff to match it with the rate of Damodar Valley Corporation (DVC) in all such facilities.
The power tariff of West Bengal State Electricity Distribution Company Limited is higher by around Rs 3 per unit as compared to the DVC rate and this was a major concern for investors, planning to set up projects in the jurisdiction of the state government utility. The difference in the cost of power was raising viability questions for energy-intensive projects like iron and steel. All state government industrial parks, like the ones at Raghunathpur and Panagarh, will get the benefit as of now.