MSEDCL cuts fuel adjustment charges to 10%

AURANGABAD: In a huge reprieve to industries across the state, the Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has reduced the fuel adjustment charge (FAC) from 20% (up to Rs 1.40/unit) to 10% (Rs 0.45/unit).

Munish Sharma, president of Chamber of Marathwada Industries & Agriculture (CMIA), said a delegation, including the members of the CMIA, along with MLA Atul Save met the minister for new and renewable energy Chandrashekhar Bawankule on May 19 to discuss the issue. “Consequently, MSEDCL issued a circular to all the zones in the state stating that FAC has been revised to 10% for various categories from June onwards,” he added, while addressing a press conference at CMIA Hall, Railway Station MIDC on Sunday.

“The revision will bring down FAC to Rs 0.45/unit as against Rs 1.25 to Rs 1.4/unit. This will result in net positive impact gain of Rs 1.70/unit for high tension (HT) consumers,” said Vinod Nandapurkar, CMIA environment, health and safety convenor.

Welcoming the timely intervention, CMIA vice-president Ashish Garde said the government should now bring down the power tariff in the state. “Present electricity tariff in Maharashtra is already 25% higher than the ones prevailing in other states and should be reduced to benefit consumers,” he said.

 

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