India, March 30 -- If you are a power guzzler, then brace for a much higher tariff in your electricity bills starting April. This time around, the power distribution companies of BEST, Tata Power and Adani Electricity have got approvals from the Maharashtra Electricity Regulatory Commission (MERC) which are even higher than those they had sought. The quasi-judicial body of MERC approved the tariff for five years from 2025-26 to 2029-30 late on Friday night.

All three power companies supply electricity to around 4.6 million consumers of all types in Mumbai, with over 3.1 million of these being residential consumers. The real shocker will be for the 1,75,000 consumers (above 500 units) and 4,01,000 consumers (between 301-500 units), for wh...