October 11, 2013 2:23:21 am
Mahratta Chamber of Commerce Industries and Agriculture (MCCIA),has opposed the recent hike in power tariff by the Maharashtra State Electricity Distribution Company Limited (MSEDCL). The chamber,in a statement,has said it would add more hardship and inconvenience.
The power tariff for industry on express feeders in 2008-09 was about Rs 5 and it is today around Rs 9.28. It has almost doubled in a period of just five years. The average year-on-year increase of 15 per cent is substantial. In Maharashtra,the electricity cost is Rs 9.28 per unit. The rate in Gujarat is about Rs 4.45,Andhra Pradesh Rs 5.3,Karnataka Rs 5.5 and Madhya Pradesh Rs 5.1, the statement read.
The MCCIA indicated that MSEDCL buys 56 per cent of power from Mahagenco at the rate of Rs 4.11 per unit,about 23 per cent from NTPC at Rs 2.80 per unit and about 4 per cent from NPCIL at Rs 2.67 per unit.
MSEDCL buys three per cent of its power demand from Captive Power Plant at a price of about Rs 2.58 per unit. Therefore,MCCIA concluded that MSEDCLs major purchases are from costly sources and it is one reason why MSEDCLs electricity rate is highest.
The MCCIA had on September 26 discussed the issue with the Chief Minister. The body also brought to the notice of the CM the adverse impact of tariff hike on the industry,especially the small and medium enterprises. The chamber sought CMs intervention for an immediate relief to the industry. The CM had told the delegation that he will look into the matter.
📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines
- The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.