Mah powerlooms benefit by Rs 4 crore due to DCP, interest withdrawal

Kolhapur, Sept 21 (UNI) About nine lakh powerloom runners in Maharashtra will benefit by Rs four crore from the Maharashtra State Electricity Distribution Company's (MSEDC) decision to withdraw Delayed Payment Charges (DCP) and paid interest.

Maharashtra State Electricity Consumers Sangathana President Pratap Hoghade today said the powerloomers were charged as per the rate of 160 paise per unit since April 2006, but the state government decided to hike the rate from April 1, 2007.

This resulted in hike in powerloom bills, which the Sanghatana opposed. Following this the state government decided to provide concession of 50 per cent for consumers of upto 27 HP, which subsequently benefited the powerloom runners.

The Sangathana was, however, not fully satisfied with the decision and pressed for cancellation of Delayed Payment Charges (DCP) and paid interest, and as a result MSEDC was forced to withdraw the charges, Mr Hogade said.

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