Tata to continue to supply power to R-infra
Softening its stand, Tata Power today announced to supply 200 Mw power to R-Infra till June 30 at regulated rate but demanded that Maharashtra State Electricity Regulatory Commission (MERC) should transfer four lakh consumers of R-Infra from July 1 onward. Now 28 lakh consumers of R-Infra from suburban Mumbai who were facing the prospect of either load shedding or inflated bills can heave a sigh of relief.
Tata Power also offered to take 4 lakh consumers of R-Infra at the lowest end who consume less than 100 units per month post July 1 and also pay wheeling charge of 37 paisa to R-Infra from its coffers for using R-Infra’s network.
We are being accused of doing cherry picking and only taking high end consumers of R-Infra but our offer clearly demonstrates our commitment to all Mumbai consumers, said S. Ramkrishnan executive director and CFO of the company.
It may be recalled that on Friday May 14, Tata Power announced that it won’t accept the state government’s advice of supplying 360 Mw of power to Tata till June end and 200 Mw till March 31, 2011. It further said, it has asked state load dispatch centre (SLDC) to divert 160 Mw of power to its own distribution arm from Sunday and asserted it will supply 200 Mw power to R-Infra only at Rs. 5.90 per unit and not at the regulated rate of Rs.4.40 per unit.
However, SLDC refused to divert 160 Mw as per Tata’s directives to its own distribution arm and continued the supply to R-Infra.
Ramakrishnan said, “We will request SLDC to supply 160 Mw power to our distribution arm as per our instruction, our response will depend upon what answer we get from SLDC. However all the options including legal options are open but we sincerely hope, we won’t have to excursive legal option.
When contacted, R-Infra spokesman said, “We will study the proposal communicated by Tata Power and will examine whether the proposal sent by Tata Power is implement able or not.”
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