Author: Piyush S Verma
-

India: Steel plants bear cost burden as Maharashtra govt cuts power subsidy
The Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has removed the INR 1.30/unit subsidy for manufacturing industries based in Jalna, Wada, etc for May’21. The power charge for industries currently stands at around INR 7/unit, which varies depending on load and power consumption. Sources said the state government is planning to review the subsidy policy…