The West Bengal State Electricity Distribution Company Limited (WBSEDCL) has released an official circular announcing the Multiplying Factor (M.F.) for GI Stay Set (HT & LT) and GI Earth Spike applicable for the months of July and August 2025. The pricing adjustment is carried out in accordance with the Price Variation (PV) formula recommended by IEEMA, as per the terms of the rate contract.
The circular, issued by the Procurement & Contracts Department on July 10, 2025, provides updated ex-works prices and total rates (excluding GST) for these materials based on revised M.F.
🔍 Key Highlights
📌 Effective Multiplying Factors (M.F.)
| Month | M.F. Value |
| July 2025 | 0.94674 |
| August 2025 | 0.93942 |
📦 Revised Item-wise Pricing (Ex-Works and Total Rate)
| Item | Ex-Works Price (₹) | F&I (₹) | Updated Ex-Works Price (₹) | Total Rate (Excl. GST) (₹) |
| July 2025 | August 2025 | |||
| GI Stay Set-HT | 702.00 | 20.00 | 664.61 | 659.47 |
| GI Stay Set-LT | 388.00 | 15.00 | 367.34 | 364.49 |
| GI Earth Spike | 322.00 | 12.00 | 304.85 | 302.49 |
📄 Background
This revision follows the rate contract orders issued on September 5, 2023 (Memo Nos. P&C/P-55/2022-23/GISS/RC/PC-IV/267 & 268-312). The use of multiplying factors enables dynamic adjustment of material prices based on industry indices, ensuring fair procurement in line with market trends.
🔔 For Stakeholders
Vendors and stakeholders are advised to update their billing and invoicing systems to reflect these updated prices when dealing with WBSEDCL during the specified months.
For detailed pricing breakdown and official circular, visit:
🔗 www.wbsedcl.in