The Hindu Business Line : Shift to Tata power: MERC working on draft norms

MUMBAI: Days after it laid down an interim plan for consumers of Reliance Infrastructure to switch over to Tata Power for purchase of electricity, the Maharashtra Electricity Regulatory Commission (MERC) is preparing a draft regulation, which would be ma de into a law by June 2010.

“We are working on a draft regulation. There is a statutory procedure that has to be followed, which includes discussion with all the stakeholders involved. We will then place the draft on the floor of the Maharashtra Legislative Assembly for objections and suggestions,’’ the MERC Chairman, Mr V.P. Raja, told presspersons here.

“It (final regulation) should take about eight months from now...by June next year,’’ Mr Raja said.

Over 40,000 consumers of Reliance Infrastructure Ltd have been waiting to switch over to cheaper Tata Power for the past few months. The change-over process was delayed as the two companies differed over replacement of old meters of Reliance with new one s by Tata Power, meter reading and wheeling charges.

The MERC, on October 15, provided an interim solution that said meters by Reliance would remain and that customers changing over to Tata Power would be billed according to those readings. — PTI

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