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BEST set to lose power?
Updated On: 29 August, 2012 07:29 AM IST | | Shashank Rao
In a blow to the Undertaking, Maharashtra Electricity Regulatory Commission authorises Tata Power to start electricity distribution in island city; a case is pending in Supreme Court
Things aren’t getting any better for BEST. The Undertaking, which has suffered losses to the tune of Rs 456 crore in 2011-12 from its supply division, stands at the threshold of losing its monopoly over power distribution in the Colaba-Mahim-Sion region. Maharashtra Electricity Regulatory Commission (MERC) has ordered Tata Power, which currently has an agreement of supplying 1000 MW to BEST, to extend its distribution to the island city as well.
This will create more options for the 10 lakh consumers of BEST. However, it would certainly be a body blow for the government agency. Tata Power had around 2.5 lakh consumers till March 2012.




