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MSEDCL supplies electricity to a total of 30.7 million consumers across the categories all over Maharashtra. There are about 22.93 million Domestic Residential (74.48%), 4.7 million Agricultural (15.4%), 2.2 million Commercial Consumers (7.33%), and 0.48 million Industrial consumers (1.56 %) in MSEDCL which fetch an Annual Revenue of about Rs. 1,16,817 Crs [Rs. 1,168 Billion] for FY2023-24.
In 2003, Under Section 82 of the Electricity Act the Commission is continued as regulatory body in state. [5] It was established to promote competition, efficiency and economy in the power sector. It also regulate tariffs of power generation, transmission and distribution in Maharashtra. [6] [7]
Maharashtra State Electricity Board (or MSEB) (Marathi:महाराष्ट्र राज्य विद्युत मंडळ) is a state government electricity regulation board operating within the state of Maharashtra in India. The MSEB was formed on 20 June 1960 under Section 5 of the Electricity (Supply) Act, 1948.
In India states earn revenue through own taxes, central taxes, non-taxes and central grants. [1] For most states, own taxes form the largest part of the total state revenue. [1] Taxes as per the state list includes land revenue, taxes on agricultural income, electricity duty, luxury tax, entertainment tax and stamp duty. [2]
The tax is to be paid by a registered trader within 40 days. As per the rules, every trader whose annual turnover of purchase and sales of the goods included in the taxable schedule is not less than ₹ 5000 and if the annual turnover of purchase and sales of all the goods is not less than ₹ 1,00,000 (one lakh) is supposed to be registered with the local civic body i.e. municipality.
The Ministry of Revenue is a ministry of the Government of Maharashtra. It is responsible for preparing annual plans for the development of Maharashtra state. [1] [2] The ministry is headed by a Cabinet level by Chandrashekhar Bawankule, current minister of revenue.
The Company operates a 752 km long, 1500 MW, 500 KV bi-polar HVDC line from Chandrapur to Padghe. This has been marked as a major success as electric power is generated in east Maharashtra, due to easy availability of coal, whereas the bulk use of power is in the western part of Maharashtra in and around cities such as Mumbai, Pune and Nashik.
The power generated by Mahagenco is supplied to Maharashtra. It was a part of Maharashtra State Electricity Board until 6 June 2005. [3] It has been incorporated under Indian Companies Act 1956 pursuant to decision of government of Maharashtra to reorganise erstwhile history of Maharashtra State Electricity Board. Mahagenco has been ...