Two-part tariff: In this type of tariff, the total bill is divided into two parts. The first one is the fixed charge and the second is the running charge. The fixed charge is because of the maximum demand and the second charge depends on the energy consumption by the load.
As per the key statistics data of IEA With electricity consumption reached to 1,164 TWh in the country till November 2019, India ranked third among the top ten electricity consuming countries across the globe.
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