Maharashtra industrial consumers to get cheaper power during night

About 311,000 industrial consumers in Maharashtra will get cheaper nighttime electricity from January 1, an official said on Wednesday.

“The (MERC) has approved a night relief of Rs 2.50 per unit to industries from 10 pm to 6 am. We had proposed this incentive in the annual revenue requirement but MERC had approved only Rs 1 in August,” an official of the Maharashtra State Electricity Distribution Company (MahaVitaran) told Business Standard. MERC in August had revised MahaVitaran’s rate for industrial consumers.

MERC’s revised order comes after industries in Maharashtra protested against the higher electricity rate compared to other states. High-tension consumers are charged Rs 8.50 a unit compared to Rs 5.75 in Karnataka, Rs 5-5.30 in Gujarat and Rs 4.50-4.80 in Chhattisgarh.

Industries had observed a day’s bandh in October to protest the high rate.

R B Goenka, Chairman, energy cell, (VIA), however said the reduction by Rs 2.50 per unit was only a ‘partial relief’.

“If the industrial unit operates in three shifts, the actual relief comes to 50p, which is definitely a relief. However, the tariff charged to industries is still high in the state compared to other states,” he noted.

Goenka said VIA had supported MahaVitaran’s plea for increasing the relief in rates to Rs 2.50 per unit from Rs 1 per unit during 10 pm to 6 am.

image
Business Standard
177 22
Business Standard

Maharashtra industrial consumers to get cheaper power during night

Sanjay Jog  |  Mumbai 



About 311,000 industrial consumers in Maharashtra will get cheaper nighttime electricity from January 1, an official said on Wednesday.

“The (MERC) has approved a night relief of Rs 2.50 per unit to industries from 10 pm to 6 am. We had proposed this incentive in the annual revenue requirement but MERC had approved only Rs 1 in August,” an official of the Maharashtra State Electricity Distribution Company (MahaVitaran) told Business Standard. MERC in August had revised MahaVitaran’s rate for industrial consumers.

MERC’s revised order comes after industries in Maharashtra protested against the higher electricity rate compared to other states. High-tension consumers are charged Rs 8.50 a unit compared to Rs 5.75 in Karnataka, Rs 5-5.30 in Gujarat and Rs 4.50-4.80 in Chhattisgarh.

Industries had observed a day’s bandh in October to protest the high rate.

R B Goenka, Chairman, energy cell, (VIA), however said the reduction by Rs 2.50 per unit was only a ‘partial relief’.

“If the industrial unit operates in three shifts, the actual relief comes to 50p, which is definitely a relief. However, the tariff charged to industries is still high in the state compared to other states,” he noted.

Goenka said VIA had supported MahaVitaran’s plea for increasing the relief in rates to Rs 2.50 per unit from Rs 1 per unit during 10 pm to 6 am.

RECOMMENDED FOR YOU

Maharashtra industrial consumers to get cheaper power during night

About 311,000 industrial consumers in Maharashtra will get cheaper nighttime electricity from January 1, an official said on Wednesday.

About 311,000 industrial consumers in Maharashtra will get cheaper nighttime electricity from January 1, an official said on Wednesday.

“The (MERC) has approved a night relief of Rs 2.50 per unit to industries from 10 pm to 6 am. We had proposed this incentive in the annual revenue requirement but MERC had approved only Rs 1 in August,” an official of the Maharashtra State Electricity Distribution Company (MahaVitaran) told Business Standard. MERC in August had revised MahaVitaran’s rate for industrial consumers.

MERC’s revised order comes after industries in Maharashtra protested against the higher electricity rate compared to other states. High-tension consumers are charged Rs 8.50 a unit compared to Rs 5.75 in Karnataka, Rs 5-5.30 in Gujarat and Rs 4.50-4.80 in Chhattisgarh.

Industries had observed a day’s bandh in October to protest the high rate.

R B Goenka, Chairman, energy cell, (VIA), however said the reduction by Rs 2.50 per unit was only a ‘partial relief’.

“If the industrial unit operates in three shifts, the actual relief comes to 50p, which is definitely a relief. However, the tariff charged to industries is still high in the state compared to other states,” he noted.

Goenka said VIA had supported MahaVitaran’s plea for increasing the relief in rates to Rs 2.50 per unit from Rs 1 per unit during 10 pm to 6 am.

image
Business Standard
177 22

More News

  • Construction sector gets a liquidity boost Construction gets a liquidity boost
  • PM holds first meet on FY17 Budget
Widgets Magazine

Widgets Magazine

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard