CNBC-TV18 caught up with HD Khunteta, director of finance, REC; Harshvardhan Dole, power analyst at IIFL and SK Tuteja of the Shunglu Committee for a discussion on the 37% power tariff hike that Tamil Nadu has taken for the first time in nine years.
The industry is literally powerless in Tamil Nadu with the state electricity board (SEB) sunk in debt. With the state falling short of 4000 MW of power, the situation is going from bad to worse, reports CNBC-TV18's Swathi Narayanan.
AR Ansari, CMD of Neyveli Lignite, in an interview with CNBC-TV18’s Udayan Mukherjee, said that the ongoing problem with Tamil Nadu Electricity Board and the company will be solved in no time as the electricity board has agreed to pay its dues.