MSEDCL, Adani, Tata Power to hike electricity charges from April 1: Electricity in the state of Mumbai is all set to become further expensive from April 1. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) is going to increase the cost of electricity by 3% for every single unit. While on the other hand Tata Power and Adani Electricity, which provide the electricity supply to Mumbaiites only will also increase the price by 2% and 1% correspondingly from April 1.
Mumbai – MSEDCL, Adani, Tata Power to hike electricity rates
On the other hand, most south Mumbai inhabitants can celebrate as the Brihanmumbai Electric Supply and Transport Undertaking (BEST) is probable to lower power charges by 3%.
MSEDCL deliveries power to more than 2.5 crore inhabited in the state as well as commercial and industrial consumers. It supplies power in Mumbai suburbs such as Kanjurmarg, Bhandup and Mulund and also to the rest of the state, comprising metropolitan regions of Kalyan, Thane and Navi Mumbai.
The hike in the electricity charges from April 1 comes after the state discom upturned the per-unit charge of electricity by 3% in the month of September 2018, after receiving an authorization from the Maharashtra Electricity Regulatory Commission (MERC).
Maharashtra Electricity: Tata Power, Adani to Revise Price Chart
The official said that the discom anticipated coming across losses of more than Rs 20,000 crore from both the hikes. An MSEDCL official said the hike was furthermore vital to purchase sufficient power to come across the growing demand. However MSEDCL supplies approximately 18,000 mega watt (MW) power to the state, the demand for the supply goes up to 24,000MW for the period of peak summer.
MERC also permitted a tariff hike of 2% for TATA Power which also supplies the electricity to more than seven lakh inhabitants in Mumbai. Adani Electricity, which also supplies electricity to 27 lakh residents, will also hike its rates by 1%.
MERC chairman Anand B Kulkarni said, “South Mumbai can rejoice with the huge drop in tariff under BEST’s jurisdiction. North Mumbai will face a marginal hike of around 1% in tariff for Adani consumers.”
In the meantime, BEST, which supplies power to about 10 lakh consumers, mainly in south Mumbai, is probable to slash its charges. The reduction of prices in the electricity charges will come into effect on the same day when MSEDCL, Tata Power and Adani Electricity will hike their electricity charges that is on April 1.
A power activist, Ashok Pendse, said, “After the Supreme Court order which restricted BEST from charging consumers for loss of revenue in the transport division, the organisation has initiated changes. The benefits of this are being passed on to consumers.” Another power expert, who did not wish to be named, said the consumer profile of BEST is healthier as compared to MSEDCL’s, “which faces major losses in the agriculture sector”.