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Tuesday, Jul 13, 2004

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Industry & Economy - Power


`No plan to hike power tariff in Kerala'

Our Bureau

THIRUVANANTHAPURAM: The Electricity Minister, Mr Kadavoor Sivadasan, has said that the State Government has no plans of for hiking existing tariff just yet.

Replying to questions in this connection, he announced in the State Assembly on Monday that this was despite the public utility, the Kerala State Electricity Board (KSEB) having totted up a deficit of Rs 296 crore.

The Electricity Regulatory Commission had suggested that the Government write off Rs 200 crore and make good the remaining Rs 96 crore by advancing a subsidy to the KSEB. The board was expecting to receive Rs 80 crore under the Accelerated Power Development and Reforms Programme in recognition of its `improved efficiency', the Minister added.

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