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MSEDCL to sell 100 MW Power to BEST from April

The Maharashtra State Electricity Distribution Company Ltd (MSEDCL), which till June last year struggled to meet the state's power demand, will now sell 100 MW electricity to BEST in Mumbai from April this year to March 2015. A statement issued by the distribution company on Thursday said electricity sold to BEST will fetch a rate of INR3.25 per unit. Some other states too have enquired about procuring electricity from the MSEDCL.

The distribution company has made provisions for meeting the state's demand till 2019-20 and the surplus will be sold to other utilities. The company had put in a bid to supply 100 MW to BEST. The contract was signed recently.

The MSEDCL said that since June 2013 it did not buy electricity on a short-term basis. "Instead, the company has been regularly selling 200 MW to 500 MW electricity during night hours to other utilities," a statement issued by the MSEDCL said. The statement further said that almost 85 Percent of the state has been made load-shedding free because of low transmission and commercial losses and better bill payment. The remaining 15 Percent areas which have more than 42 Percent (urban) and 45 Percent (rural) transmission and commercial losses have to face load-shedding.

Source-On Request