Mumbai, 24 June (HS): Maharashtra is on course to have the

lowest energy rates in the country by 2029-30. Addressing the state

legislature, Fadnavis laid out a defined strategy and progress on electricity

reforms. By 2029-30, industrial power is

expected to cost Rs. 7.38 per unit, a decrease from the present rate of Rs.

8.32.

By the end of the

decade, Maharashtra's rates will be lower than those of other states. To make

power affordable, MSEDCL implemented a phased rate reduction plan that included

decreases ranging from 4% to 26%. Mukhyamantri Saur Krishi Vahini Yojana aims

to significantly increase the use of renewable energy. Smart meter penetration

on feeders is 100%, and Time-of-Day (ToD) rates are being used to deliver

savings directly to consumers and companies. By implementing effective power

procurement and Merit Order Dispatch, the state reduces the cost of obtaining

electricity from private players.

Chief Minister Devendra Fadnavis said, “By 2029-30,

Maharashtra’s electricity tariff will be the lowest in the country. A record 10

lakh farmers have adopted solar agricultural pumps over the last three years,

resulting in higher levels of farmer satisfaction. MAHAGENCO has produced the

most cost-efficient electricity over the last three years. Maharashtra has

installed 60% of the country’s solar agricultural pumps, and the Central

Government has issued a communication to all States advising them to adopt the

‘Maharashtra Model'. Maharashtra has secured the top position in the country

for rooftop solar installations under the 'PM Surya Ghar Muft Bijli Yojana'. The

State Government’s decisions regarding the Time of the Day (ToD) meter have

been taken keeping the interests of common consumers in mind. Power

distribution infrastructure works worth Rs. 25,000 crore are being carried out

to bring the Distribution Panel (DP) failure rate to zero percent.”

Hindusthan Samachar / Abhishek Awasthi