Overview

• Industrial electricity rates will fall to Rs 7.38 per unit, undercutting Tamil Nadu, Gujarat and Karnataka.
• Households consuming up to 100 units a month will see bills cut by 26 percent, benefiting roughly 70 percent of the state’s consumers.
• Fadnavis assured there will be no tariff hikes in the foreseeable future and shifted procurement to the Merit Order Dispatch system backed by 25-year solar, wind and battery storage contracts to lock in stable pricing.
• A recent order from the Maharashtra Electricity Regulatory Commission addressed a Rs 90,000-crore double-accounting miscalculation and revoked a Rs 200-crore subsidy granted to a Jalna steel firm.
• The government is rolling out smart meters across agricultural feeders and launching new solar pump schemes, including Rs 15,000 single-pole units and 10 HP booster pumps, to modernize farm irrigation.