Maharashtra paying for power it does not use

Last Modified: Fri May 19 2017 08:41:18 GMT+0530 (India Standard Time)
  • Rs. 4,000 crore
    Amount Maharashtra's discom - Mahadiscom will pay each year to power generation companies for power that it does not need. The power purchase agreements were drafted in a way to reward the generators for creating capacity regardless of how much electricity actually reaches consumers.
  • 4
    generation companies that stand to benefit from the PPAs include: Mahagenco, NTPC, Adani Power (Tiroda) and RattanIndia (Amravati). The agreements were signed when ex-deputy chief minister Ajit Pawar held the power portfolio.
  • 28.5%
    increase in tariff that is passed on to the consumers in the state to offset the Rs 16,000 crore outgoing over 4 years, for power the state does not need.
  • Rs. 3,920 crore
    Amount RattanIndia's Amravati plant will be paid over 4 years, even as its generators idle due to lack of offtake by the discom.