Maha announces power tariff concession for backward regions

Maharashtra Energy Minister Chandrashekhar Bawankule today announced that a cabinet sub-committee has decided to grant concession in power tariff for industrial units in backward regions of the state.
This decision is applicable to Vidarbha, Marathwada, North Maharashtra as well as to other less developed tribal regions in the state.
"The concession in power tariff will be given in a retrospective effect from April 1 this year and will remain in force for the next three years," he said.
The main aim of the concession is to boost the industrial development in less developed regions and will put a burden of Rs 1,011 crore on the state exchequer.

"The concessions will apply to those industrial units that shall draw power from Mahadiscom (state power distribution company)," Bawankule said.
The minister added that this concession will be over and above the 26 per cent concession granted by the Maharashtra State Electricity Regulatory Commission (MERC).
The concessions will especially be offered to industrial units making efficient use of power supply as well as to the newly-set up facilities.