Mumbaikars to face hike in monthly electricity bills due to spiralling coal prices

Tata, Adani set to increase tariff on back of global coal price spike

Mumbaikars could face a hike in their monthly electricity bills because of the spiralling coal prices that are expected to be recovered through fuel adjustment charge (FAC) by power companies. Amid public outcry over inflated billing during COVID-19, the Maharashtra Electricity Regulatory Authority (MERC) had directed city utilities Tata Power Company (TPC) and Adani Electricity Mumbai Limited (AEML) to create an FAC fund to be recovered from consumers at a later date.

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