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to a similar situation in 2012 when a levy intended to cover transport losses was introduced but subsequently rescinded following public backlash.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

House of Serenity Elevates Minimalist Luxury in Bengaluru

House of Serenity Elevates Minimalist Luxury in Bengaluru

0
In a design landscape often dominated by visual drama, House of Serenity in Bengaluru presents a quieter interpretation of luxury one shaped by restraint,...
Nisus Expands UAE Portfolio With Majan Bet

Nisus Expands UAE Portfolio With Majan Bet

0
Nisus Finance has expanded its international real estate footprint with a Rs 247 crore (AED 100 million) investment in a residential asset at Majan,...
AIPL Launches Premium Commercial Project in Ludhiana

AIPL Launches Premium Commercial Project in Ludhiana

0
Real estate developer Advance India Projects Limited (AIPL) has announced plans for a premium commercial development in Ludhiana, reinforcing its strategic expansion across Punjab’s...
Affordable Indore Gains National Real Estate Attention

Affordable Indore Gains National Real Estate Attention

0
India’s next real estate opportunity may not lie in its largest metros, but in steadily expanding Tier II cities such as Indore. Long regarded...
Pune’s Hinjawadi Township Hosts Realty Influencers

Pune’s Hinjawadi Township Hosts Realty Influencers

0
In a strategic brand-building initiative, Krisala Developers hosted a curated gathering of leading real estate influencers at the Krisala x Hiranandani Township in North...