State reduces power tariff for industries

A day after proposing to impose 9% duty on industrial and commercial consumers who switch from state discom to Open Access and Captive generation to get cheaper electricity, Maharashtra government on Wednesday has slashed the power tariff for industries in Vidarbha, Marathwada, North Maharashtra and some parts of western Maharashtra.

Industries in these under-developed regions will get concession up to Rs2 per unit. The move would cost Rs1,000 crore to exchequer annually towards subsidy to be given to the state distribution utility, MahaVitaran (MSEDCL).

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