Power prices may increase in Navi Mumbai from 2013

If you are a resident of Navi Mumbai, Kanjurmarg, Bhandup, Mulund or Thane, you might have to pay more for electricity from next year. According to Mahagenco, the state power generation company, there may be a rise in generation costs by 30% to 40%, as projected in its 2013-14 business plan. Mahagenco supplies electricity to the state’s power distribution firm, Mahavitaran. The decision on the rise will be taken by the Maharashtra Electricity Regulatory Commission next month.

Source: Hindustan Times


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