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to a similar situation in 2012 when a levy intended to cover transport losses was introduced but subsequently rescinded following public backlash.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

Somany Ceramics Introduces LED Wellness Shower Systems

Somany Ceramics Introduces LED Wellness Shower Systems

0
A growing shift in residential design priorities is reshaping how bathrooms are conceived in urban homes, with manufacturers increasingly aligning products to wellness, comfort,...
Kalpataru Real Estate Growth Draws Cautious Outlook

Kalpataru Real Estate Growth Draws Cautious Outlook

0
A sharp rise in annual bookings and collections has positioned Kalpataru Ltd among the more active developers this financial year, yet investor sentiment indicates...
Shree KB Group Expands NCR Commercial Footprint

Shree KB Group Expands NCR Commercial Footprint

0
A new NCR commercial project is set to take shape in Greater Noida West, with a planned investment of ₹425 crore, signalling continued confidence...
India Office Leasing Dips Despite Rising Demand

India Office Leasing Dips Despite Rising Demand

0
India’s commercial real estate sector entered 2026 with a paradox: while overall leasing activity remained active, actual occupation of office space slowed across the...
Sobha Ltd Model Reflects Changing Real Estate Trends

Sobha Ltd Model Reflects Changing Real Estate Trends

0
Sobha Ltd’s premium housing strategy is gaining attention among global investors as India’s urban property cycle strengthens, particularly across southern metros where demand for...