बिज़नेस
Telangana launches one-time settlement scheme to clear over ₹2,000 crore industrial electricity dues
The Telangana government announced a special one-time settlement plan to waive fees on pending industrial electricity bills exceeding ₹2,000 crore, aiming to spur businesses and accelerate economic recovery.
The Telangana state government unveiled a one-time settlement scheme targeting industrial electricity arrears that have accumulated to more than ₹2,000 crore.
Under the scheme, industries with outstanding electricity payments can settle their dues in a single payment, with the government waiving associated penalties and interest, providing immediate financial relief.
Officials said the move is intended to encourage manufacturers and other industrial units to resume operations, boost production, and speed up the state's post‑pandemic economic recovery.
The scheme is part of a broader effort by the state to support the industrial sector, which has faced cash‑flow constraints and reduced demand in recent months.
Under the scheme, industries with outstanding electricity payments can settle their dues in a single payment, with the government waiving associated penalties and interest, providing immediate financial relief.
Officials said the move is intended to encourage manufacturers and other industrial units to resume operations, boost production, and speed up the state's post‑pandemic economic recovery.
The scheme is part of a broader effort by the state to support the industrial sector, which has faced cash‑flow constraints and reduced demand in recent months.