Tags retail electricity tariff MoIT proposes new electricity tariffs, fostering fairness and efficiency Tuesday, Jul 11, 2023 According to the Ministry of Industry and Trade, the proposed retail electricity tariff structure will encourage people to save electricity. Ministry proposes new electricity tariffs Monday, Mar 02, 2020 The Ministry of Industry and Trade has proposed a new retail electricity tariff which is divided into five rates instead of six. In this option, 98.2 per cent of households in the country would see no increase or even lower power bills.