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CPM slams Tamil Nadu government over procuring electricity at Rs. 35 per unit
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News18•14-10-2026, 20:06
CPM slams Tamil Nadu government over procuring electricity at Rs. 35 per unit
- •CPM State Secretary Shanmugam has strongly criticized TANGEDCO's move to procure electricity at an exorbitant rate of Rs. 35 per unit.
- •He termed the decision as generously handing over public money to private companies by exploiting the power shortage.
- •Pointing out that electricity production costs in India range only between Rs. 2.45 and Rs. 5.30, he called the high procurement price completely unjustified.
- •The party warned that this decision would impose further financial burdens on the people of Tamil Nadu, who are already affected by tariff hikes.
- •The CPM has urged the Tamil Nadu government to cancel the contract and formulate a visionary plan for power self-sufficiency.
Key Questions Answered
The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) is procuring a unit of electricity at an average rate of Rs. 35 to handle the power deficit.
CPM State Secretary Shanmugam criticized the government for using power shortages to justify procuring electricity at an exorbitant rate of Rs. 35 per unit, arguing it generously hands over public money to private companies and burdens the public.
The price of electricity produced through various means in India typically ranges only from Rs. 2.45 to Rs. 5.30 per unit.
