Tata Power’s Mumbai customers to pay lower old tariff

Tata Power on Friday said its 7.5 lakh consumers in Mumbai to get substantial tariff reduction after an order by Appellate Tribunal for Electricity (APTEL), staying hike by state regulator MERC.

“The APTEL today passed an order granting interim relief sought by Tata Power by staying the Maharashtra State Electricity Regulatory Commission’s (MERC) revised tariff schedule on MTR (multiple tariff revision) frameworks approved by the Hon’ble Maharashtra Electricity Regulatory Commission (MERC),” a company statement said.

In the interim period, the tariff proposed by the company to MERC on March 31, 2020, becomes applicable once again, it added.