Maharashtra: Mahagenco reduces electricity generation cost by 9.32 pc for July
State-owned Maharashtra State Power Generation Company (Mahagenco) has said it has managed to reduce its electricity generation cost by around 9.32 per cent this month by adopting merit order dispatch (MOD) method to source coal. This will result in a reduction in the cost of power for consumers by around 20-22 paise per unit, the state power generator said in a statement.
To reduce the cost of electricity generation in the country and, thereby, reduce the cost of power for consumers, the Centre had approved the merit order dispatch mechanism in 2016.
