The average monthly collection of Mahavitaran during the current financial year was about Rs 1,700 crore (Rs 17 billion). However, in January, it would be less by around Rs 150 crore, said a Mahavitran official.
The aggrieved consumer, Madhav Damle, had filed a complaint demanding a compensation of Rs 50 per hour for loss of power supply amounting to 171 hours between June 3 and 10, 2008. His complaint was rejected by the internal consumer grievance cell of the company.
The Dabhol power plant has seen power generation plunge in recent days on account of dwindling gas supplies.
The government has asked the officials concerned to take all necessary steps to ensure normal supply of electricity in the state.
Maharashtra deputy Chief Minister Devendra Fadnavis, who also holds the energy portfolio, held a meeting with trade union representatives and later said the government had no intention to privatise state-run power utilities.
The government's move is crucial as the state distribution utility MahaVitaran was purchasing about 95 per cent of power since the Dabhol project began generation in April 2006
Gas prices have fallen to $10 per million British thermal unit. But the fate of the power project, run by Ratnagiri Gas and Power Pvt Ltd, will hang in balance till the committee takes a decision on gas pooling, reduction in certain taxes and providing per unit subsidy.
Ratnagiri Gas & Power Pvt Ltd, in charge of Dabhol assets since 2005, has admitted it is passing through a difficult phase in the absence of gas allocation and low recovery of dues from the Maharashtra State Electricity Distribution Company.
"Some of the tariffs (rates) at which agreements were signed in 2007 are unrealistic. If you compare those to PPAs signed in 2010, there is a difference of around 50p to Rs 1 (a unit). Companies are looking at the difference and a lot more are likely to try it (renege)," said a power sector analyst.
Mahavitaran, the Maharashtra government-owned power distribution company, has detected power theft amounting to Rs 41.29 lakh at the Anil Dhirubhai Ambani Group's headquarters at the Dhirubhai Ambani Knowledge City (DAKC).
The state-owned power distribution utility, Mahavitaran, hinted that industrial consumers like IT sector and big malls, who have so far been spared from power cuts, might soon have to face power cut if they voluntarily don't cut their consumption by 10 to 20 per cent.
All India Congress Committee General Secretary Sanjay Nirupam on Saturday threatened to immolate himself if his demand for reduction in power tariff in Mumbai was not accepted.
The government will also decide in eight to ten days on how to extend the benefit to customers in Mumbai.
The new rules are expected to reduce power cost.
Mumbai was excluded from the 20 per cent cut in power tariff charged to domestic consumers, industries and power looms by the state-run Maharashtra State Electricity Distribution Company (MahaVitaran), he lamented while addressing his supporters.
State power minister Ajit Pawar has told the MahaVitaran, MahaGenco and MahaTransco to upgrade infrastructure to meet challenge of another 25,000 Mw, spread the network quickly, cover uncovered areas, separate out feeders and improve efficiency in providing quality service to customers.
Speaking at a video conference to take a stock of damage caused by the cyclone in the coastal district which is adjacent to Mubai, Thackeray also directed that electricity supply be restored quickly.
This will benefit 4,217 high-tension industrial consumers, whose daily power requirement is 2,000 Mw.
Maytas was awarded the Rs 4.8 billion contract for commissioning of sub-stations, transmission and distribution lines in the Ahmadnagar, Beed and Latur districts in September last year. Maharashtra Chief Minister Ashok Chavan said, "After the fraud committed by Raju came to light and the connection between Satyam and Maytas became evident, I have ordered Mahavitaran to cancel the contract and start bidding process afresh."
A mild tremor was experienced in Pune and parts of Maharashtra with its epicentre at Koyna dam region in Satara district, Met office said on Wednesday morning.
Maharashtra Cabinet undecided over providing subsidy to private utilities.
Other members include former Central Bank of India chairman and managing director Homai A Daruwala, former bureaucrat of the Madhya Pradesh cadre Prashant Mehta and RGPPL's managing director R K Srivastav.
Committee set up by state govt considering reduction in rates
Goyal's statement comes in the wake of RGPPL board giving its approval last month for the conversion of debt into equity equivalent to interest dues of Rs 405 crore (Rs 4.05 billion).
Santosh Kamath, partner (infrastructure and government services), KPMG in India, expects an extension of a tax holiday for the sector.
The Centre has accorded top priority for cost-effective, pollution-free transportation modes, such as waterways, which reduce logistic costs and increase road safety. Union minister of roads, highways, ports and shipping Nitin Gadkari speaks to Sanjay Jog about the government's strategy.
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