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Power subsidy for sick units in Telangana

Hyderabad, Jun 27 (UNI) For strengthening the sick units of Spinning Mills and Ferroalloy industries in Telangana, the State government has decided to extend subsidy on power tariff to them.
The government will supply power to the Spinning Mills at the rate of Rs 2, while Rs 1.5 for Ferroalloy industries.
At a review meeting here today, Chief Minister K Chandrasekhar Rao said with this initiative, industries like Spinning Mills and Ferroalloy industries where nearly 45,000 people were working would benefit largely in the state, an officials statement from the Chief Minister’s Office said here today.
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