Despite challenges posed by volatile imported coal and gas prices leading to tariff hikes across the country, we are proud to say that our tariff increase is the least across Maharashtra, Adani Electricity Mumbai Ltd (AEML) said in a release.
As Mumbai’s primary electricity service provider, AEML has a long-standing goal to provide reliable, affordable, and sustainable electricity supply to its consumer base of over 31 lakh households and establishments, it said.
As can be seen from the table, the hike is maximum (at 11 percent) for the low-consumption residential users – those with a monthly consumption of fewer than 100 units. For residential consumers with consumption exceeding 500 units per month, tariffs have actually declined.
For LT-Commercial consumers, the hike is 3 percent. For LT-Industrial and HT consumers, tariffs have been reduced.
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Most competitive
Scaling up RE
“We are committed to our long-term vision and strategy of scaling renewable energy supply up to 60 percent by 2027 and have already started sourcing up to 30 percent of our supply from hybrid solar + wind sources, up from 3 percent just two years ago. Our consumers are already protected from fuel price variations and our move towards scaling renewable energy to 60 percent will not only reduce carbon footprint but also provide long-term tariff stability and long-term visibility to our consumers,” added Patel.
Minimal impact
“As Mumbai’s primary electric utility, we are conscious of our role and are proud to deliver the most competitive tariffs to our industrial and commercial customers, enabling them to enhance productivity and make their exports more competitive, thereby contributing to the economy of the State and Country. At the same time, we have ensured minimal impact on Residential consumers thereby insulating them from rising cost due to inflation.” Kapil Sharma, CEO, Adani Electricity.
