MSEDCL Offers Rs2,256cr Interest Waiver On Rs8,138cr Dues, Up To 20% Off On Principal

MSEDCL Offers Rs2,256cr Interest Waiver On Rs8,138cr Dues, Up To 20% Off On Principal

Nagpur: Maharashtra State Electricity Distribution Company Limited ( MSEDCL ) has launched its Abhay Scheme 2026-27, offering a complete waiver of interest and delayed payment charges amounting to nearly Rs2,256 crore on outstanding electricity dues of over Rs8,138 crore. The scheme, aimed at helping over 37 lakh non-agricultural consumers clear their arrears, also offers discounts of up to 20% on principal dues.

The scheme, launched under the guidance of chief minister and energy minister Devendra Fadnavis , came into effect on Nov 6 and will remain operational until Jan 15, 2027. 34.86 lakh consumers whose electricity connections were permanently disconnected had accumulated arrears of Rs7,650 crore as of March 31, 2026, according to MSEDCL. These include 1,835 high-tension (HT) and 34.84 lakh low-tension (LT) consumers. Of the outstanding amount, Rs2,092 crore towards interest and delayed payment charges will be waived.

MSEDCL chairman and managing director Lokesh Chandra launched the initiative at the company’s Prakashgad headquarters in the presence of senior officials recently.

Officials said the initiative would provide substantial financial relief while encouraging consumers to settle long-pending dues and restore their electricity connections.

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