MSECDL, Maharashtra state power regulator hikes power tariffs by 16.48%

MSECDL, Maharashtra state power regulator hikes power tariffs by 16.48%

MSECDL, the state power regulator today approved an overall increase of 16.48% in average tariff charged by the utility.

The revised tariff that has come into effect retrospectively, from August 1, would affect over two crore power consumers in Maharashtra.

"The commission has approved an overall increase in average tariff of 16.48% against 17.68% sought by MSEDCL," Maharashtra Electricity Regulatory Commission (MERC) said in its order today.

"The increase in tariff is primarily on account of rise in power purchase expenses, which have gone up primarily due to rise in fuel prices," MERC said.

For domestic consumers under the category 0-100 units and 100-300 units, the tariff has been revised to Rs 3.36 per unit from Rs 2.82 and from Rs 5 to Rs6.05, respectively.

For residential consumers under the category of 301-500 units and 501-1000 units, the tariff has been revised from Rs7.15 per unit to Rs7.92 and from Rs8.29 to Rs8.78, respectively.