HomeLatestSouth Mumbai Residents Rally Against New Electricity Deposit

South Mumbai Residents Rally Against New Electricity Deposit

In South Mumbai, rising discontent among residents has emerged over the recent implementation of an additional security deposit for electricity bills, coinciding with the installation of smart meters. This new charge has incited a backlash, leading , a former opposition leader of the Brihanmumbai Municipal Corporation (BMC), to petition the Bombay High Court for its annulment. The introduction of this deposit has provoked frustration among consumers, who argue it is unnecessary given that the BEST Undertaking already holds existing meter deposits. Residents from Mumbadevi and Peddar Road have expressed their grievances, with one citing the online payment process as overly complex and cumbersome.

has actively taken to social media to highlight the community’s concerns, tagging Chief Minister Eknath Shinde in his posts to amplify their voices. He questions the necessity of this additional deposit, especially as the rollout of smart meters in residential areas has been temporarily suspended by BEST. Raja points out that this new financial burden arrives three years after the provision was first established in 2021. In defence of the new charge, a BEST official stated that the additional deposit is compliant with the Maharashtra Electricity Regulatory Commission (MERC) Electricity Supply Code, a regulation they argue is essential for maintaining operational standards in line with other state power utilities.

Amidst this turmoil, Raja suggests that the true motive behind the additional deposit may be to offset the substantial financial shortfalls of BEST’s transport division, which is grappling with a projected deficit of approximately ₹2,000 crore for the current fiscal year. He draws parallels to a similar situation in 2012 when a levy intended to cover transport losses was introduced but subsequently rescinded following public backlash. BEST officials, however, assert that this additional deposit pertains solely to the power supply division, with intentions to raise around ₹200 crore from approximately 10.8 million consumers to enhance financial stability amidst rising operational costs.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

NCR RERA Projects Face Fresh Land Cost Pressure

NCR RERA Projects Face Fresh Land Cost Pressure

India's major housing markets are entering a more difficult cost cycle, with land values rising sharply alongside renewed pressure on construction inputs. Across the...
Ghaziabad Housing Projects Draw ₹300 Crore Funding

Ghaziabad Housing Projects Draw 300 Crore Funding

Ghaziabad is seeing fresh private capital move into established residential neighbourhoods, with ₹300 crore committed to two housing developments in Vasundhara and Indirapuram. The...
JSW Steel Rating Shapes RERA Era Building Outlook

JSW Steel Rating Shapes RERA Era Building Outlook

India Ratings & Research has raised JSW Steel’s long-term issuer rating to IND AA+ from IND AA, while retaining a Stable Outlook. The upgrade,...
Steel Exchange India Sets New Rebar Output Record

Steel Exchange India Sets New Rebar Output Record

Steel Exchange India has recorded its highest monthly rebar production in August 2026, producing 24,823.509 metric tonnes after bringing a new reheating furnace into...
India Steel Sector Gains RERA Linked Construction Push

India Steel Sector Gains RERA Linked Construction Push

India’s steel industry is entering a larger capacity cycle as infrastructure building, construction activity and domestic demand continue to support output. Crude steel production...