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parallels to a similar situation in 2012 when a levy intended to cover transport losses was introduced but subsequently rescinded following public backlash.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

Adani Group Plans One Lakh Crore Investment As Navi Mumbai Airport Launches

Adani Group Plans One Lakh Crore Investment As Navi Mumbai Airport Launches

0
Adani Group has unveiled a landmark investment plan worth INR 1 lakh crore in its airports business over the next five years, leveraging the...
Bollywood Actor Kareena Kapoor Leases Bandra West Flat At Rs 2.75 Lakh

Bollywood Actor Kareena Kapoor Leases Bandra West Flat At Rs 2.75 Lakh

0
The Mumbai luxury rental market continues its upward trajectory as a high-profile Bandra West flat commanded a monthly rent of ₹2.75 lakh. The residential...
JPMorgan Unveils Asias Largest GCC In Mumbai With 30,000 Employees Planned

JPMorgan Unveils Asias Largest GCC In Mumbai With 30,000 Employees Planned

0
JPMorgan Chase is set to establish Asia’s largest global capability centre (GCC) in Mumbai, committing 2 million square feet of office space in Powai...
Suraj Estate Developers Acquires Prime Bandra West Land For Future Residential Projects

Suraj Estate Developers Acquires Prime Bandra West Land For Future Residential Projects

0
Suraj Estate Developers has made a strategic move in Mumbai’s premium real estate segment by acquiring two land parcels in Bandra West, encompassing a...
CREDAI Seeks Increase In Affordable Housing Price Cap To Rs 90 Lakh

CREDAI Seeks Increase In Affordable Housing Price Cap To Rs 90 Lakh

0
The Confederation of Real Estate Developers’ Associations of India (CREDAI) has formally urged the central government to raise the price cap for affordable housing...