The Maharashtra government has invoked the MESMA barring employees of state-run electricity companies from joining the protest.
The government has asked the officials concerned to take all necessary steps to ensure normal supply of electricity in the state.
Amid the ongoing controversy in Maharashtra over Ola Electric stores operating without a trade certificate, sources at the Bengaluru-based electric two-wheeler manufacturer said the company is currently transitioning from a centralised warehouse model to a retail-focused approach. They emphasized that Ola Electric is ensuring all regulatory compliances are being met during this shift.
Maharashtra Electricity Regulatory Commission's order rejecting the state power utility Maharashtra State Electricity Distribution Company Ltd request to increase load-shedding is likely to affect industry in the state adversely.
Maharashtra government has agreed to buy electricity from the Dabhol power project at Rs 5.01 per unit and the plant is likely to be re-started by the middle of next month.
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.
The new rules are expected to reduce power cost.
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.
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.
A war of words is likely to break out between the state-owned power utility Maharashtra State Electricity Distribution Company Ltd and Maharashtra Electricity Regulatory Commission over the MERC's order on Monday.
The government will also decide in eight to ten days on how to extend the benefit to customers in Mumbai.
This will benefit 4,217 high-tension industrial consumers, whose daily power requirement is 2,000 Mw.
A digital economy can only work with uninterrupted electricity supply. So, states now face the unpleasant task of telling their citizens that electricity rates need to be hiked. Subhomoy Bhattacharjee reports.
While the industry has been given the highest benefits, farmers will have to contend with 1 per cent reduction in electricity costs.
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).
'We don't have to compete with Maharashtra or Gujarat. We have to now start thinking about how we compete with the United States or China.'
Two-wheeler (2W) giant Bajaj Auto registered record sales across the country over the weekend on the back of Gudi Padwa, hawking 26,938 vehicles that included motorcycles and its electric scooter Chetak.
'We are planning load shedding in such a way that the entire state will not suffer.'
The state is also the biggest market for TVS, another incumbent player, and together with Bajaj Auto, they accounted for 88 per cent of Maharashtra's total electric scooter sales last month. As many as 8,417 units were sold in Maharashtra in September. Bajaj Auto's contribution was 4,048 vehicles and that of TVS was 3,389, according to model- and state-wise data from the Society of Indian Automobile Manufacturers (Siam).
The 1,967 MW plant has not been operating since August because of stoppage of natural gas supplies from domestic fields.
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.
Maharashtra Cabinet undecided over providing subsidy to private utilities.
As the Centre pushes reforms in the power sector, especially for the beleaguered electricity distribution segment, several states, especially those ruled by Opposition parties, are clamouring against it. Maharashtra, West Bengal, Tamil Nadu, and Kerela have voiced their reservations against the proposed amendments to the Electricity Act, 2003. The irony is the states opposing the amendments on the ground of threat of privatisation already have private partnerships in power supply. The proposed Bill was slated to be placed on the floor of Parliament in the Monsoon session. But it still awaits Cabinet approval amid several states complaining that they have been not consulted on the issue.
The Dabhol power plant has seen power generation plunge in recent days on account of dwindling gas supplies.
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.
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.
Nagrale, an avid golfer and a tennis player, is a recipient of the President's Police Medal, Vishesh Seva Padak and Antarik Suraksha Padak.
Power generating companies (gencos) that use imported coal to produce electricity, may find it difficult to switch on their idle units immediately in the wake of high fuel costs, several players have told Business Standard. Recently, the Union power ministry had invoked Section 11 of the Electricity Act mandating all imported coal-based plants to generate power at full capacity. However, some generating companies that use imported coal, argue that it is simply unviable for them to produce power when the price of coal in the international market is high, while the per-unit price of power has been capped at Rs 12 per unit on the domestic power exchange.
The earlier resolution allowing these developers to charge higher power tariffs, now stands cancelled.
Prime Minister Narendra Modi stirred up a hornet's nest when he said that 'if there is electricity during Ramzan, there should be electricity during Diwali too'. Rediff.com's Syed Firdaus Ashraf speaks to Shailendra Dubey, chairman, All India Power Engineer's Federation, to ascertain the truth.
Railway services across city on the Western Railway and Central Railway came to a grinding halt at 10.05 am, as a result of the power outage.
Higher power tariff would have fetched Tata's Mundra UMPP Rs 25,000 crore (Rs 250 billion) and Adani's project an additional Rs 18,500 crore (Rs 185 billion)
The businessmen in the Maharashtra have given a cry of 'remove Ajit Pawar' against the high tariff of electricity.
Goa, Uttarakhand and Meghalaya will initiate schemes to enable 24x7 power to consumers.
The power failure comes at a time when the state is reeling under power deficit.
In a setback to Tata Power, the Supreme Court on Wednesday dismissed the company's challenge to the Maharashtra Electricity Regulatory Commission's (MERC's) decision to award a Rs 7,000-crore transmission project near Mumbai on a nomination basis to Adani Electricity. The court upheld the order by the Appellate Tribunal for Electricity (APTEL) in this case and directed all State Electricity Regulatory Commissions to frame guidelines on tariff determination in accordance with Section 61 of the Electricity Act and the national policy. The verdict has implications for the Mumbai power market, said Ashok Pendse, an energy expert based in the city.
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