(ET)
The power regulator in Maharashtra has set up a two member fact-finding panel to probe the “unduly high” utility charges by Adani Electricity even as explanations offered by the private-sector distributor failed to convince the state agency.
Billionaire Gautam Adani’s foray into power distribution, after it acquired Reliance Infrastructure’s electricity distribution business in Mumbai, began with consumers complaining of a surge in power bills in the two months since Septemberwhen the company started billing consumers. ET reported on November 28 that consumers were complaining of the spike in utility bills, in some instances increasing more than 100%. The company had described the complaints as malicious propaganda.
