Key Points
Prices of electricity are set to increase by 5-10 per cent for Mumbai from Saturday, according to Maharashtra Electricity Regulatory Commission (MERC), reported Live Mint...
The report added that Maharashtra State Electricity Distribution Company Limited (MSEDCL) users, who are already paying the highest tariffs, can expect a 6 per cent hike in both 2023-24 and 2024-25..
Meanwhile, the Himachal Pradesh Electricity Regulatory Commission (HPERC) also took a similar decision on Friday as it increased the electricity tariffs for all consumers by 22 paise per unit for the financial year 2023-24..
The Bihar state government on the other hand announced on Friday that there will be no hike in electricity rates effective from April 1 and that it would provide a subsidy amount totalling 13,114 crore to cover up the hike in power tariff recommended recently by the Bihar Electricity Regulatory Commission( BERC)..
