Reliance Energy also said that a 'load management charge' will be levied on all consumers, whose consumption exceeds 500 units per month in the billing months of May and June.
The "load shedding", which entails compulsory power cuts in select areas, will be carried out both in urban and rural areas, the Maharashtra State Electricity Distribution Company said in a statement.
While the industry has been given the highest benefits, farmers will have to contend with 1 per cent reduction in electricity costs.
Since the bankcuptcy law came into effect from December 2016, with every quarter, the recovery rate has progressively been going down, notes Tamal Bandyopadhyay.
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Tata Power sets up camps to explain the benefits of switchover for low-end consumers from their current supplier.
The company wants to amend it's application against the part to make the case stronger.
Maharashtra Cabinet undecided over providing subsidy to private utilities.
The company will now focus on value creation for shareholders in the defence and construction businesses.
Committee set up by state govt considering reduction in rates
Dabhol's assets will be demerged into the power plant and the LNG terminal.
More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
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