Shock for consumers, electricity bills to soar 25% in this state
The Maharashtra State Electricity Distribution Company Ltd (MSEDCL), or MahaDisCom, consumers could end up paying up to 25% more than what they are currently shelling out as the state-run company wants to recover gap in revenue of Rs 34,646 crore for fiscals 2015- 2020.
The Maharashtra Electricity Regulatory Commission (MERC), the state power regulator, is holding public hearings at various cities of Maharashtra over the issue. Representative image, source: PTI