Barely three months into operations in Mumbai city, Adani Electricity is now caught amid a political crossfire and barrage of social media complaints over alleged higher bills.
The private power distributor, however, attributed the rise in tariffs to MERC’s September 2018 tariff order. Maharashtra Electricity Regulatory Commission (MERC) is the state power regulator responsible to determine tariffs for power supply in Mumbai and other parts of the state.
Adani Electricity took over operations for power distribution in some parts of the city, through an acquisition of Reliance Infrastructure’s Mumbai distribution business in August. The company in the last one month saw a number of complaints made on social media platforms, which was later escalated by Sanjay Nirupam, President for Mumbai Congress Committee.
“Prime Minister Modi’s friend is looting Mumbaikars,” read one of the Marathi hoardings put up by the party in the suburbs of the city. Read More
Latest posts by Business-Standard.com (see all)
- Railways appeal for AAI disqualification alleging - February 16, 2019
- India advises refiner to avoid US system for buying Venezuelan oil - February 16, 2019
- NCLAT quashes NCLT order against ECL - February 14, 2019