India To Cut Daytime Power Tariffs, Raise Fees For Night Use

India will cut tariffs for daytime power use but charge a premium when electricity demand peaks during the night, in a bid to manage surging demand and boost the use of renewable energy. From a report: The new policy, outlined by the federal power ministry, will come into effect from April 2024 for commercial and industrial consumers and a year later for most other consumers except those in the agricultural sector. It is aimed at encouraging price-sensitive consumers to run their air-conditioner