MERC to review power tariff soon, says power minister

Image
Press Trust of India Nagpur
Last Updated : Jan 12 2015 | 8:41 PM IST
The Maharashtra government has taken several measures to lower electricity rates and soon state power regulatory commission MERC will review tariffs, state Power Minister Chandrashekhar Bawankule said today.
The government had taken several decisions to minimise the coal transport cost, distribution losses and to ensure procurement of quality coal for state-run power plants by introducing third-party sampling mechanism, he said.
Bawankule said state-run power plants were not getting good coal, which led to a dispute between Coal India and the Mahagenco.
But Coal India has now agreed to the proposal of testing coal samples at third-party laboratories, he said.
All these initiatives would lower the tariff, he claimed.
The government was also planning to revise the present power tariff, the minister said.
"We are working on it and by end of this month, the company (Mahagenco) will seek suggestions and no-objections from the customers before sending the recommendation to the Maharashtra Electricity Regulatory Commission (MERC)," he said.
To a question, he said the state had proposed to reduce the open access surcharge by Rs 1.50 per unit for the industry in Vidarbha.
The government would also come out with a solar power policy and would encourage solar pumps for the agriculture which would help the farmers in the drought-affected areas, he said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 12 2015 | 8:41 PM IST

Next Story