Home / News / India News / Article /
How BMC saved 10 lakh homes from blackout
Updated On: 07 November, 2012 08:23 AM IST | | Shashank Rao
BEST consumers were in danger of having their supply stopped by Tata Power over Rs 900 cr; the crisis seems to be over as BMC has decided to loan Rs 1,650 crore to its sister organisation
Current state of affairs at the cash-strapped Brihanmumbai Electricity Supply and Transport (BEST) undertaking is fairly discouraging. While the organisation battles on to stay afloat, the huge debts it has acquired in the past few years are fast pulling it under.
In fact, the situation seemed to have reached a snapping point a few days ago, with the threat of blackout looming large over 10 lakh island city power consumers catered to by the undertaking. The reason: BEST has failed to settle up a considerable sum with Tata Power that supplies electricity to the undertaking, which then distributes it to consumers.
How do you like the new new mid-day.com experience? Share your feedback and help us improve.

