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Hyderabad: In Telangana Power Bills and RTC bus fares are likely to go up as the Telangana government is mulling a hike in view of financial difficulties being faced by the state-run agencies.
Chief Minister KCR on Wednesday held a review meeting with officials on power utilities and the State Road Transport Corporation (RTC), a release from his office said.
While RTC has a debt of Rs 2,275 crores, the power distribution companies (discoms) and the transmission corporation (Transco) have a debt of Rs 2,144 crore on them. The government would provide the necessary support to the state-run entities, the release stated, adding, people also need to bear some burden.
KCR, however, signed that the hike should not burden common people, it said. The government's decision on hiking electricity and also state run Road Transport Corporation (RTC) bus fares is likely to come out on Thursday, it added.
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