VIJAYAWADA: Taking advantage of power shortage in the state, traders have jacked up the prices of inverters and tubular batteries by nearly 30 per cent.
With the government set to enforce load shedding in the state for the first time in seven years to save at least 45 million units of power a day, many people are rushing to purchase inverters. A quick survey of the market on Tuesday revealed that the prices of inverters and tubular batteries have increased by a minimum of Rs 5,000.
Traders run out of stock after surge in demand for inverters
An inverter with a capacity of 900VA (volt-ampere) with a tubular battery now costs 21,650 as against the earlier price of 16,200.
An inverter with a capacity of 900VA (volt-ampere) with a tubular battery now costs 21,650 as against the earlier price of 16,200.
