The Mumbai Metropolitan Region Development Authority (MMRDA) has decided to switch over from Tata Power to a cheaper power supplier for the Monorail and Metro corridors 2A and 7. The decision has been taken owing to a steep hike Tata Power’s tariffs effective April 1.
As per the existing tariff schedule for 2023-24, the rate for the monorail metro corridors is ₹4.92 per unit, whereas according to the proposed tariff for 2024-25, the rate will be ₹7.37 per unit. Tata Power has also hiked the fixed charges from ₹375 to ₹400. Senior officials from MMRDA confirmed that instructions have been issued to begin the process of switching over to a different power supplier, most likely to Adani Electricity, which charges ₹6.15 per unit. The process for switching the power distributor for both modes of public transit is underway, they added.
Source: Hindustan Times
