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BAD NEWS FOR CONSUMBERS – STATE OWNED ELECTRICITY SUPPLIER MAHAVITRRAN PROPOSES HIKE

Looks like MSEDC, the state owned power supplier has proposed a 24 percent hike in tariff for high end commercial users and 3 – 15 % hike in the domestic category. With the summer heat increasing, usage of air conditioners has also increased. Nut now the residents have to think twice as the state owned MSEDC has proposed a 3 to 15% hike for the domestic category, 8% for Industry, 9% for agriculture and railways and 24% for commercial high end users like IT hubs, Mobile Phone towers and BPO’S. While this isn’t good news, with summer season, consumers have to suffer the brunt of load shedding too. Also, Reliance infrastructure consumers across the western suburbs and most of the eastern suburbs may face power cuts or higher electricity bills if Tata Power Company does not supply 500 megawatts a day to Reliance infrastructure. Tata Power had refused to supply power after April 1 because it wants to use the power for its own distribution company. However after government intervention, Tata Power Company is supplying power to Reliance infrastructure until further notice. To plug the shortfall Reliance infrastructure would have to spend Rs 600 – 700Crore to buy power from elsewhere. This burden is likely to be passed on to the consumer.With cameraman Satish Garud Jan Cabral for NMTV News.

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