Follow Us:
Saturday, April 04, 2020

Maharashtra govt mulls plan to provide cheaper power to industries

Sources said Industries Minister Subhash Desai has called a meeting of MIDC officials, industry representatives, energy department and others on Thursday.

Written by Vishwas Waghmode | Mumbai | Published: February 20, 2020 3:03:12 am
Saurashtra farmers, farmers to get electricity, electricity during daytime, rajkot news, gujarat news, indian express news Sources in the government said power tariffs to industrial consumers are higher in the state compared to Gujarat, Karnataka, Andhra Pradesh and Telangana. (Representational Image)

In an attempt to attract industries, the state government is mulling a proposal to provide power at cheaper rates to industries by purchasing it from power companies and then distributing it through the Maharashtra Industrial Development Corporation (MIDC).

Sources in the government said power tariffs to industrial consumers are higher in the state compared to Gujarat, Karnataka, Andhra Pradesh and Telangana.

“It is being considered whether MIDC can purchase electricity from power companies and distribute it at cheaper rates to industries…,” an official said. The government currently gives some concessions in power tariffs to industrial units in Marathawada and Vidarbha.

Sources said Industries Minister Subhash Desai has called a meeting of MIDC officials, industry representatives, energy department and others on Thursday. “We need to study whether it can be a feasible commercial model, which can be self-sustainable…,” the official said.

📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines

For all the latest Mumbai News, download Indian Express App.

Advertisement
Advertisement
Advertisement
Advertisement