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  No:PR-3i24819
Maharashtra State Electricity Board, Mercantile Bank Building, Fort,
Bombay-1
Dated:27th May, 1966.

  Departmental Circular No.92
(Commercial)

 
Sub  : 
Collection of Security Deposits.

 

The amounts of Security Deposit are to be collected from the Board's consumers including Semi Government Undertakings and statutory bodies ata the rates given below. Government Departments. Municipalities, Local Authorities including Zilla Parlshad and Licensees are however exempted from payment of Security Deposit. Semi Government Undertakings and statutory bodies run on commercial lines are not exempted from payment of Security Deposit and the same are to be collected from them at the
prescribed rates.

 

Scale of Security Deposits:


1. H.T. Consumers:


(1) For the extimated monthly bill upto Rs. 1,000/- Security Deposit equivalent to
three months' estimated bill.
(2) For the estimated monthly bill above Rs.1,000/- but not more than Rs. 5,000/ Security Deposit equivalent to two months estimated bill.
(3) For the estimated monthly bill above Rs. 5,000/- but over Rs.25,000/- Security Deposit equivalent to one months eltimated bill.
(4) For the estimated monthly bill over Rs.25,000/- and upto Rs. 1lakh. 90% of the estimated monthly bill aubject to a minimum of Rs.25,000/-
(5) For the estimated monthly bill over Rs. 1 Lakh and upto Rs.2 Lakhs. 80% of estimated monthly bill sub- ject to a minimum of Rs.90,000/-
(6) For the estimated monthly bill over Rs. 2 Lakhs. 70% of the estimated monthly bill subjectto minimum of Rs. 1,60,00/- 

II. L.T. Consumers:

Security Deposit equivalent to 3 months' estimated bill and In no case less than

a) Rs. 10 per 0.5 kW for lighting installations.. and...


b) Rs. 15 per BHP connected for motive power Installations.


As the Security Deposits are to be collected from the Semi Government and autonomous bodies lide M.I.D.C. as per our rules, if and where the Board is required to pay similar deposits for any service rendered by such autonomous bodies to the Board such as water supply. etc. the same should be paid by the Board. This above decision has been taken by the Standing Committee vice its decision No. 2575 dated:9.2.1966.


This supersedes all previous circulars issued by the Board on the subject matter in the past.

All the field officers are requested to follow the above instructions strictly.

 

Sd/-

For Deputy Chief Engineer
(Commercial), Bombay



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