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MAR 15 2014

RInfra power users to get relief up to 29%

  • Economic Times, ET Bureau / Hyderabad
  • Created: Sat 15th MAR 2014

MUMBAI: A day after BEST increased electricity charges from April 1, RInfra on Friday announced a reduction of 19-29% in power tariff for its two million residential consumers (101-500 unit consumption) in the eastern and western suburbs. Apart from residential users, consumers across all categories will benefit from the slash in charges, which shows an average drop of 12% among all heads.

The reduction in charges was revealed in RInfra's detailed revised tariff chart meant for the next fiscal year. The new tariff will come into effect from April 1, meaning consumers will have to pay less from next month. The new rates for electricity was approved by Maharashtra Electricity Regulatory Commission, the state regulatory body.

Energy department sources pointed out that the tariff has dropped due to a lower electricity purchase cost following tie-ups with cheaper power sources and the advanced technology-based/low-cost distribution network and infrastructure.

Tags

Maharashtra Bombay Electricity Supply and Transport Energy Electricity Regulatory Commission Electricity

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