The electricity bill this month will also see a surge in October this year. Due to the shortage of coal plaguing thermal power plants in India, electricity distributions companies are compelled to buy power at expensive rates from the open market.
Currently, power in the open market is available at Rs 14-15 per unit. Earlier this summer, the price was Rs 2.50-4 per unit since the demand fell due to the COVID-19 pandemic.
The Brihanmumbai Electricity Supply and Transport (BEST) undertaking and Tata Power are in talks with each other because BEST has a power purchase agreement with Tata Power. For now, the current BEST demand is around 650-750MW, according to the reports. However, due to mercury rising, the demand can go up to 1,100MW. Reportedly, BEST supplies power from Colaba/Cuffe Parade to Sion/Mahim to 10.50 lakh plus consumers.
While addressing to media, the General Manager of BEST Undertaking, Lokesh Chandra, said that they are aware of the current situation and the surge of prices in the market and are in touch with the Tata Power. They have both short-term and long-term plans with them.
Meanwhile, an Adani Electricity Mumbai Limited (AEML) spokesperson has said that consumers who receive electricity from Adani will continue to have an uninterrupted power supply.
Earlier, it was reported that due to the coal supply crisis for the generation of power, 13 units of state-owned and private power generation thermal power plants have stopped.
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