In a first, power tariffs may be cut across Maha for the next five years

For the first time ever, electricity tariffs may be reduced for over 5 million consumers in the Mumbai Metropolitan Region (MMR) and 10 million others across the state.

- Shashank Rao

MUMBAI:

The tariff is proposed to be reduced by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the next five years, whereas it usually raises tariffs by an average 9% year on year.

The reduction would also apply to around 2 lakh consumers served by MSEDCL in Bhandup and Mulund, in Mumbai.

In addition, the state power supplier has proposed a separate company for the 4.5 million farmers and agricultural consumers in the state.