To speed up growth in the State’s immature regions, the administration permitted Rs 1,000-crore package to bring downward power tariffs for industries in these areas. To draw fresh investors and cheer industries to set up superstore in less-developed regions of the state, the management has resolute on a considerable decrease in trade power tariff in Marathwada, Vidarbha and tribal areas in north Maharashtra. On Wednesday the pronouncement was permitted by a cabinet sub-committee headed by state energy minister Chandrashekhar Bawankule, and will be in consequence from April 1, 2016 till 2019. Mr. Bawankule conveyed that, “as the group did not take a conclusion on family tariff, it was determined subsequent to two meetings that tariaff for Marathwada, Vidarbha regions will get power at subsidized rates. He supplementary that the state administration has by now owed Rs 1,000 crore in the financial plan for state-run MahaVitaran as reimbursement for financial support losses.
The decrease in tariff will be carried out by way of incentive in the load issue and fuel alteration cost. Senior officials conveyed that, the tariff cut in Marathwada will be concerning Rs. 1.50 per unit, between Rs. 1.25 and Rs. 1.75 in Vidarbha and Re 1 in north Maharashtra. The state filing cabinet had determined to levy extra duty on industries sourcing authority from the unlock Access grid and touching out from the state grids, this week. As many as 500 industries have allegedly moved left from state grids. The sub-committee did not advocate fitting tariff at Rs 4.25 for convinced categories to compete with neighbouring states that offer lower tariff. As of currently, the industrial tariff rate in Maharashtra is around Rs 8.3 per unit, while Karnataka, Gujarat and Goa have fixed this at Rs. 6.90, Rs. 6 and Rs. 4.80 correspondingly.