MERC Approves Power Tariff Hike Between 5-10 %, New Rates From April 1
In a burn to pockets of common man, electricity tariff in Maharashtra has been increased by 5-10%, in effect from April 1. The notification came after the Maharashtra Electricity Regulatory Commission (MERC) approved the hike in power tariffs. As per notification, the MSEDCL power tariff hiked by 6% for residential customers and 1% for industrial categories. However, it is strange that Adani electricity witnessed the lowest hike (5%).