Summary:
Nagpur: Vidarbha Industries Association ( VIA ) has welcomed the power tariff order issued by Maharashtra Electricity Regulatory Commission ( MERC ), terming it as ‘balanced’. Moreover, leading power factor will now also attract a penalty. The commission allowed only Rs20,651 crore, of which Rs12,382 crore is regulatory liability and only Rs8,268 crore will be recovered. Against MSEDCL’s demand for 40% tariff hike, the commission has only allowed 10%.MSEDCL had projected a deficiency of Rs34,646 crore for two years. “MSEDCL wanted to introduce KVAH billing instead of current kWh one..