Maharashtra: Steel production costs increase on higher fuel adjustment charges

Maharashtra State Electricity Distribution Company Limited (MSEDCL) has increased fuel adjustment charges (FAC) by INR 1.20/unit to around INR 1.35/unit for the billing month Jun-Oct’22.

This will increase production costs of hot charging mills by INR 1,000-1,200/t, varying as per load factor. About 800 units of electricity are required to produce rebars from mix of scrap and sponge iron.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *