Latest news with #MSEDCL
Time of India
12 hours ago
- Business
- Time of India
Adani and Torrent eye electricity supply licences in Mumbai Metropolitan Region, gear up to compete with state power utility MSEDCL
Mumbai: The monopoly of state power utility MSEDCL in Mulund-Bhandup, Thane, Navi Mumbai, Kalyan, Vasai, and other parts of the Mumbai Metropolitan Region (MMR) faces potential competition. Tired of too many ads? go ad free now Besides Tata Power's recent parallel distribution licence application, both Adani Electricity Navi Mumbai Ltd (AENML) and Torrent Power await a public hearing at MERC on July 22 for licence requests in the MMR. AENML, a subsidiary of Adani Energy Solutions, aims to distribute power in Mulund, Bhandup, Thane, Navi Mumbai, Panvel, Kharghar, Taloja, and Uran. They propose a Rs 5,700-crore investment to establish their distribution network within five years. Torrent Power's distribution plans encompass Vasai-Virar and vicinity, civic areas of Kalyan-Dombivli, Ulhasnagar, Thane (excluding distribution franchisee areas), and Ambernath, as well as Palghar. Tata Power's recent MERC application seeks a parallel distribution licence for Mulund-Bhandup, parts of Kanjur-Powai, Thane, Navi Mumbai Municipal Corporation, Panvel City Municipal Corporation (PCMC), the PCMC-JNPA corridor, and Pune region, including Pune City, Haveli, Maval, Mulshi, and Khed talukas. It also filed separate applications for a parallel licence in Chhatrapati Sambhaji Nagar, Badnapur, Jalna, Waluj MIDC, Nashik, Sinnar, Igatpuri, and Trimbak talukas. AENML projects serving five lakh new consumers, while Torrent Power targets six lakh electricity users across MMR within five years, sources said. Experts said that while this could comprise new consumers, one cannot rule out the possibility of a section of existing 'subsidising' consumers migrating to private players if the latter gets a licence in the coming months. Tired of too many ads? go ad free now A power expert said these 'subsidising' consumers included those from industry and commercial categories as well as residential users whose monthly consumption was above 300 units. "The subsidised consumers in lower categories may stay with MSEDCL, but the subsidising consumers in the high-end categories may have an option to switch if there is a competitive tariff," he pointed out. Power expert Ashok Pendse said there were three key factors that constituted consumer expectations. "First, the tariff should be competitive or lower than the existing power utility. Second, unlike the periodic maintenance shutdowns or power cuts by MSEDCL, if the private players assure reliable 24x7 electricity supply, they could woo more consumers. The third and most important factor would be the customer care centres and the service provided to consumers — both online and offline," he added. In the past, MSEDCL workers' unions went on strike to oppose the entry of the Adani Group. Sources in the power industry said the possibility of opposition from activists and union workers in the coming weeks against the "attempt for privatisation" cannot be ruled out. Torrent Power Ltd supplies to more than 40 lakh consumers in Ahmedabad, Gandhinagar, Surat, and Dahe SEZ in Gujarat and in Bhiwandi, Shil, Mumbra, and Kalwa in Maharashtra and Agra in Uttar Pradesh, among other areas in the country. Mumbai: The monopoly of state power utility MSEDCL in Mulund-Bhandup, Thane, Navi Mumbai, Kalyan, Vasai, and other parts of the Mumbai Metropolitan Region (MMR) faces potential competition. Besides Tata Power's recent parallel distribution licence application, both Adani Electricity Navi Mumbai Ltd (AENML) and Torrent Power await a public hearing at MERC on July 22 for licence requests in the MMR. AENML, a subsidiary of Adani Energy Solutions, aims to distribute power in Mulund, Bhandup, Thane, Navi Mumbai, Panvel, Kharghar, Taloja, and Uran. They propose a Rs 5,700-crore investment to establish their distribution network within five years. Torrent Power's distribution plans encompass Vasai-Virar and vicinity, civic areas of Kalyan-Dombivli, Ulhasnagar, Thane (excluding distribution franchisee areas), and Ambernath, as well as Palghar. Tata Power's recent MERC application seeks a parallel distribution licence for Mulund-Bhandup, parts of Kanjur-Powai, Thane, Navi Mumbai Municipal Corporation, Panvel City Municipal Corporation (PCMC), the PCMC-JNPA corridor, and Pune region, including Pune City, Haveli, Maval, Mulshi, and Khed talukas. It also filed separate applications for a parallel licence in Chhatrapati Sambhaji Nagar, Badnapur, Jalna, Waluj MIDC, Nashik, Sinnar, Igatpuri, and Trimbak talukas. AENML projects serving five lakh new consumers, while Torrent Power targets six lakh electricity users across MMR within five years, sources said. Experts said that while this could comprise new consumers, one cannot rule out the possibility of a section of existing 'subsidising' consumers migrating to private players if the latter gets a licence in the coming months. A power expert said these 'subsidising' consumers included those from industry and commercial categories as well as residential users whose monthly consumption was above 300 units. "The subsidised consumers in lower categories may stay with MSEDCL, but the subsidising consumers in the high-end categories may have an option to switch if there is a competitive tariff," he pointed out. Power expert Ashok Pendse said there were three key factors that constituted consumer expectations. "First, the tariff should be competitive or lower than the existing power utility. Second, unlike the periodic maintenance shutdowns or power cuts by MSEDCL, if the private players assure reliable 24x7 electricity supply, they could woo more consumers. The third and most important factor would be the customer care centres and the service provided to consumers — both online and offline," he added. In the past, MSEDCL workers' unions went on strike to oppose the entry of the Adani Group. Sources in the power industry said the possibility of opposition from activists and union workers in the coming weeks against the "attempt for privatisation" cannot be ruled out. Torrent Power Ltd supplies to more than 40 lakh consumers in Ahmedabad, Gandhinagar, Surat, and Dahe SEZ in Gujarat and in Bhiwandi, Shil, Mumbra, and Kalwa in Maharashtra and Agra in Uttar Pradesh, among other areas in the country.
Time of India
a day ago
- Politics
- Time of India
Residential electricity bills diverted to Parli civic body, 2 MSEDCL officials suspended
Chhatrapati Sambhajinagar: Two state power utility officials were suspended by Maharashtra State Electricity Distribution Company Ltd for allegedly diverting electricity bills of at least 21 residential consumers under the name of Parli Municipal Council in Beed district. Assistant engineer Ratnadeep Katake and deputy executive engineer Prashant Ambadkar were suspended after the scam was uncovered. P M Rajput, the MSEDCL superintendent engineer for Beed, said the fraud occurred between 2020 and 2023. "As per the initial estimate, power bills worth at least Rs 5 lakh of residential consumers were diverted in the name of Parli Municipal Council. We have ordered a detailed inquiry into the incident to uncover more details," he told TOI. The officials altered consumer names and billing addresses using official login IDs and passwords provided for accessing the MSEDCL portal, which restricts access to staff. A local retired MSEDCL official acted as a whistleblower and submitted written complaints against Katake and Ambadkar, MSEDCL authorities said. Both accused used fake titles such as 'Chief Officer, Municipal Council' and 'CO, Municipal Council' when modifying the original consumers' names. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo Katake is currently stationed in Panvel, Raigad district, whereas Ambadkar has been posted in Yavatmal district. MSEDCL officials said a complaint was filed against the now-suspended officials with the Parli police on Saturday. "Police have assured us of filing an FIR against both the accused after the initial inquiry. Besides our internal investigation, an effective parallel investigation by police is a must to expose the extent of the scam," MSEDCL authorities added. Vijay Kumbhar, the state vice-president of Aam Aadmi Party (AAP), said the Parli incident of diverting power bills in the name of a local self-governing body is shocking. "The incident reveals how vulnerable the internal system of MSEDCL is to tampering and breach. Moreover, the wrongdoings were carried out for as many as three years without anyone noticing," he said, demanding criminal action against both the accused along with beneficiary consumers and supervising MSEDCL officials.
Time of India
3 days ago
- Business
- Time of India
Tata Power seeks distribution licence for new areas in state
Mumbai: Tata Power on Thursday submitted an application to the Maharashtra Electricity Regulatory Commission (MERC) for a distribution licence to distribute electricity in new areas across the Mumbai Metropolitan Region (MMR) and in other parts of the state. This includes a few locations within Mumbai, where it does not serve customers at present. "This area in Mumbai includes localities in Mulund, Bhandup, and parts of Kanjur-Powai where MSEDCL supplies power," an official said, adding that all the areas where it plans to set up a network are dominated by the state power utility. Sources indicated the migration of consumers from MSEDCL to Tata Power in the future for a cheaper tariff. The application before MERC identifies Chhatrapati Sambhaji Nagar, Badnapur, Jalna Taluka, Waluj MIDC, Nashik, Sinnar, Igatpuri, and Trimbak Talukas as key proposed areas for power distribution. Furthermore, the submission extends to a few parts of Mumbai, Thane, as well as territories encompassing Navi Mumbai Municipal Corporation (NMMC), Panvel Municipal Corporation (PMC), the full corridor from PMC to Jawaharlal Nehru Port Authority (JNPA), plus the Pune region, which includes Pune City, Haveli, Maval, Mulshi, and Khed Talukas. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai Tata Power serves around 8 lakh customers in Mumbai, and its consumer base would expand by over 48,000 if it secures the power distribution licence for additional regions in the state. The company's biggest revenue generator is its transmission and distribution operations, contributing Rs 39,122 crore in revenue and Rs 5,553 crore in operating profit. Beginning with power distribution in Mumbai, Tata Power has since extended its operations to Delhi, Odisha, and Ajmer. Currently serving 12.8 million consumers, Tata Power aims to grow its customer base to 40 million within five years. "Tata Power can provide electricity to consumers across the state with the best customer services benchmarking in Delhi, Odisha, and Mumbai at competitive rates. Our distribution portfolio of 12.5 million customers will expand across Maharashtra," said a Tata Power spokesperson.
Economic Times
4 days ago
- Business
- Economic Times
Maharashtra announces major power tariff cut; Here's how it will reduce your electricity bill
Maharashtra residents can expect lower electricity bills. Chief Minister Devendra Fadnavis announced a phased tariff reduction. The first year will see a 10% decrease. A total 26% reduction is planned over five years. Around 70% of consumers using less than 100 units will benefit most. The state is also promoting green energy. This will further reduce costs. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads In major relief to the people of the state, Maharashtra Chief Minister Devendra Fadnavis announced a significant reduction in electricity tariffs across the state.A statement of Maharashtra Chief Minister's Office said that the electricity rates will be reduced by 10 per cent in the first year and there will be a 26 per cent reduction in phases over the next five proportion of people using less than 100 units of electricity in the state is 70 per cent. Work on Mukhyamantri Saur Krishi Vahini Yojana 2.0 has started on a war footing, CMO added."Good news on electricity tariffs! For the first time in the State's history, electricity tariffs will be reduced, starting with a 10 per cent cut in the first year, and a total 26 per cent reduction in phases over the next 5 years. Thanks to the Maharashtra Electricity Regulatory Commission (MERC) for approving MSEDCL's proposal to reduce tariffs, a move never attempted before. Previously, petitions used to be filed for tariff hikes of around 10%, but this time a petition was filed for a reduction -- benefitting domestic, industrial, and commercial consumers alike," said Minister mentioned that nearly 70 per cent of consumers in the State use less than 100 units and they will benefit the most from the 10 per cent tariff tariffs continue to be the highest in the state as compared to BEST, Tata Power and Adani Electricity."In the past, we witnessed a minimum 10% hike in tariff and this year we have changed the scenario. In the next five years, tariff is set to drop furthermore as we are procuring more green power through solar, hydro etc, saving Rs 66,000 crore in power purchase," MSEDCL managing director Lokesh Chandra told ToI, adding that tariffs will not go up next five years for all including industry ensuring more industries come to will drop eventually for all residential users till 2029-30. For example, in the 301-500 units consumption category, there is a drop of 13%, 26% for 0-100 units etc. "There is an 80% discount in solar hours in the residential category for smart meters and that's how all monthly bills will be lower than existing," Chandra feature of the order included an additional 10% TOD discount for daytime electricity use for residential consumers with smart meters and incentives for residential consumers generating solar energy.
Time of India
4 days ago
- Business
- Time of India
MSEDCL hikes tariffs by up to 3% for 100+unit users
The Maharashtra Electricity Regulatory Commission ( MERC ) has come out with the tariff orders for state power utility firm MSEDCL, which shows a marginal increase in tariff from 0.5 to 3 per cent for low and high-end residential consumers having monthly electricity consumption over 100 units. In the 0-100 consumption category, there is relief as the orders showed a drop of 9 per cent in tariff this financial year. The new tariffs will come into effect from July 1. MSEDCL tariffs continue to be the highest in the state as compared to BEST, Tata Power and Adani Electricity. MSEDCL managing director Lokesh Chandra said that 70percent of consumers were in the 0-100 units category and they have got huge relief. "In the past, we witnessed a minimum 10 per cent hike in tariff and this year we have changed the scenario. In the next five years, tariff is set to drop furthermore as we are procuring more green power through solar, hydro etc, saving Rs 66,000 crore in power purchase," Chandra said, adding that tariffs will not go up next five years for all including industry ensuring more industries come to Maharashtra. Tariffs will drop eventually for all residential users till 2029-30. For example, in the 301-500 units consumption category, there is a drop of 13 per cent, 26 per cent for 0-100 units etc. "There is an 80 per cent discount in solar hours in the residential category for smart meters and that's how all monthly bills will be lower than existing," Chandra said. Experts said that the last tariff announced by MERC in March had a 4-13 per cent drop in rates for MSEDCL which was better than the present tariff structure. "The last tariff order was challenged by MSEDCL which filed a review petition citing discrepancies and the order was stayed for two months," he said. Another feature of the order included an additional 10 per cent TOD discount for daytime electricity use for residential consumers with smart meters and incentives for residential consumers generating solar energy.
