Overview

• The Maharashtra Electricity Regulatory Commission approved Mahavitaran’s petition for a 10% tariff cut starting July 1 and a cumulative 26% reduction in phases through fiscal 2029-30.
• Residential customers consuming under 100 units per month will see their average billing rate fall from ₹8.14 to ₹7.31 per unit in FY26.
• Power purchase agreements signed for 45,000 MW—of which 31,000 MW comes from renewables—are projected to save ₹66,000 crore over five years.
• The Mukhyamantri Saur Krishi Vahini Yojana 2.0 solar project aims to supply 16,000 MW for agricultural daytime use by December 2026.
• Eligible households with smart meters will receive an additional discount of ₹0.80 per unit for electricity consumed between 9 am and 5 pm.