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October 28, 2013

Kerala State Electricity Board plea to regulator...

 

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The Kerala State Electricity Board has sought a review of drastic cuts in its expenses on generation of power, purchase of power, and general administration.

The request was contained in an appeal to the Kerala State Electricity Regulatory Commission.

The appeal noted while the Board had projected a revenue gap of Rs 2,758.67 crore in commercial operations in the year 2013-14, the commission had calculated it only to be Rs 1,049.91 crore.

The Commission has meanwhile posted a public hearing on this petition at its office on Tuesday.

The Board also sought a review of the order in which it was allowed a spending of Rs 1,803.81 crore on salaries and pensions against the requirement of Rs 2,551.50 crore for 2013-14.

The sum approved had fallen short by 29.30 per cent, the Board pointed out in the appeal.

 

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