Mahavitaran has been procuring electricity from Adani Power at ₹5.48 per unit against the Maharashtra Electricity Regulatory Commission (MERC)-approved rate of ₹5.30 per unit, raising questions over the utility’s adherence to regulatory norms.
MERC had permitted Mahavitaran to purchase seed capital power from Adani Power at ₹5.30 per unit, with a 13.56 per cent discount bringing the effective rate to ₹4.30 per unit. However, Adani Power billed at ₹5.48 per unit — above the approved ceiling. The commission had sanctioned seed capital procurement from plants at Bhubaneswar (210 MW), Khaparkheda (420 MW), Nashik (630 MW) and Chandrapur (240 MW), totalling 5,600 MW capacity, with the arrangement continuing until 2030.
The irregularity came to light following a review of procurement records. Consumer activists have raised concerns that the above-rate purchase could ultimately burden electricity consumers if passed on through tariff revisions.
MERC has clarified that it will not shut down the seed capital scheme, and that the procurement arrangement will continue while the rate discrepancy is being examined. Mahavitaran did not respond to queries on the matter.
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