Top
Millennium Post

Maharashtra cuts power tariff by 20% for all except Mumbai

But, the decision is not applicable to Mumbai consumers who get power supply from Tata Power, Reliance Infrastructure and BrihanMumbai Electric Supply & Transport.

The 20 per cent cut in power tariff for MahaVitaran consumers will lead to an additional burden of Rs 706 crore per month of which the state government will provide Rs 606 crore to MahaVitaran while the balance Rs 100 crore will be borne by MahaVitaran and state-run Maharashtra State Transmission Company (MahaTransco). The annual burden will be Rs 8,472 crore.

This is in addition to the present annual subsidy of Rs 10,500 crore provided to agricultural consumers and Rs 1,100 crore to powerlooms. Of this, MahaVitaran cross-subsidises industry and commercial consumers worth Rs 6,500 crore; the balance is contributed by the state government.

Of MahaVitaran’s total 21.4 million consumers, 14.3 million are residential, 3.7 million agricultural, 1.47 million commercial and 3,70,000 industrial of which 12,000 are high tension consumers, with a monthly consumption of 1 Mw and above. The state cabinet decided that MahaVitaran will soon approach the Maharashtra Electricity Regulatory Commission (MERC) informing the tariff cut.
Next Story
Share it