Jaipur : Rajasthan is included in the list of those states of the country where industrial category electricity rates are relatively high. Compared to the neighboring state of Gujarat, electricity here is costlier by about Rs 3 per unit. The average electricity rate of industrial category here is Rs 8.29 unit, while the maximum rate in Gujarat is Rs 5.39 unit. This is the biggest obstacle in attracting investors.
Haryana, Punjab and Madhya Pradesh are also supplying electricity to industries at lower rates than Rajasthan. That is why many industrialists have been giving priority to these states. The industry has been demanding reduction in electricity rates in the state with the same argument that if electricity is cheap then production cost will also reduce and investment will also come faster. The state government is working towards becoming self-reliant in electricity production, but Industrialists and investors coming to the Rising Rajasthan Global Investment Summit are also assessing the current electricity rates from other states. If the government focuses on this, then the number of industries in the state will increase rapidly.
More investment based on cheap electricity
If electricity becomes cheaper, industrial investment will also come faster because production costs will come down. Industrial organizations have been continuously talking to the government on this argument. However, instead of reducing electricity rates, the discoms kept asking the government to provide subsidy.
