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Suresh Prabhu delivers keynote address on Mumbai's rising electricity charges
27 Feb 2013

Given the background that accessibility of affordable electricity at reliable and competitive price to consumers, has suffered a setback post Electricity Act 2003 and that electricity charges in Mumbai remain one of the highest in the country despite several efforts made by power generating companies, distributors and regulators, Chairperson of CEEW, Mr Suresh Prabhu, threw light upon underlying issues faced by stakeholders in the power sector in his keynote address at a seminar in Mumbai. The seminar on "Mumbai Power Supply: Open Access, Uniform and Affordable Tariff Regime" was organised by the Bombay Chamber of Commerce & Industry in association with Deeaar Group and brought together representatives from Tata Power, Reliance Energy, BEST Undertaking and Prayas Energy Group to address the issue of rising electricity prices in Mumbai. Currently consumers in Mumbai pay almost four times the rate for electricity as were applicable in the year 2000. Mr Prabhu suggested measures that could path a way forward for an effective Open Access, Uniform and Affordable Tariff regime in order to control electricity prices.

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