Power News We love to talk!
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.
- NTPC Vallure station to cut power supply to 3 states over pending dues Read more
- Currency note ban sends electricity bill collection in UP through the roof Read more
- Indias oil minister Pradhan calls for responsible crude oil prices Read more
- Congress demands petroleum products, real estate be brought under GST Read more
- MERC permits withdrawal of petition by IWPA Read more
- Solar power cos funding struggle slows transition to green tech Read more
- NTPC invites bid for 100 mw solar plant in UP Read more
- Tariff hike by Adani Power: Haryana discoms move Appellate Tribunal Read more
- CERC approves tariff for various transformers and bays under POWERGRIDs ERSS-IV Read more
- Cheaper, easier loans for green energy projects Read more