Mumbai: Interest rates on 3-month EMIs to add to power consumers’ woes

There seems to be no respite in sight for consumers, who are dealing with high power bills. The high interest rates, put out by power utility firms on the three-month EMI scheme enabling consumers to pay off their high electricity bills at ease, are set to burden them further.

The 50 lakh power consumers in Mumbai, who are supplied power by Brihanmumbai Electric Supply and Transport (BEST) undertaking, Adani Electricity Mumbai Limited and Tata Power will have to cough-up up to 14 per cent interest on their instalments. Only government-owned Mahavitran Ltd has waived off interest on EMIs for its 2.4 crore consumers, if paid on due dates.