India, June 26 -- In a relief to Maharashtra State Electricity Distribution Company Ltd (MSEDCL) consumers, the Maharashtra Electricity Regulatory Commission (MERC) has accepted the distributor's demand to reduce the tariff by anywhere between 1% and 10% depending on the power consumption. This would mainly benefit residential consumers, along with industrial consumers to some extent.

MSEDCL supplies power to consumers in Mumbai's eastern suburbs of Mulund and Bhandup, along with Thane, Navi Mumbai and the rest of Maharashtra. It had recently filed a review petition against MERC's order to hike the electricity tariff.

On Wednesday, MERC issued an order stating that the MSEDCL tariff would be reduced every year until 2029-30. For 2025-26...