GESCOM proposal to hike power tariff by ₹1.37 per unit opposed
The Hindu
Power company tells KERC that the projected net loss for the financial year 2023-24 is going to be ₹1,160.66 crore and the hike in tariff is necessary to bridge the gap
A Gulbarga Electricity Supply Company (GESCOM) proposal to increase power tariff by ₹1.37 per unit for the 2023-24 fiscal to bridge the loss caused to the company due to various reasons has been opposed by power consumers, including farmers and domestic and industrial sectors, at a public hearing chaired by Karnataka Electricity Regulatory Commission (KERC) chairman P. Ravikumar and members H.M. Manjunath and M.D. Ravi in Kalaburagi on Monday.
Deepak Gala, president of Hyderabad-Karnataka Environment Awareness and Protection Organisation (HKEAPO), members of Karnataka Electricity Consumers Association, district president of National Industries and Commerce Committee Amarnath Patil and RTI activists Sharan Ambesinghe and Siddaramaiah Hiremath opposed the proposal to increase tariff for various categories and criticised GESCOM for its poor performance.
GESCOM Managing Director Rahul Pandve said that the company projected a net loss of ₹1,160.66 crore for the financial year 2023-24. A hike in power tariff by ₹1.37 paise per unit is necessary considering the revenue loss, he explained to the KERC.
Giving a power point presentation, Mr. Pandve said that GESCOM expected a revenue of ₹6,974.62 crore from its customers for the year 2023-24, but the expenditure is estimated to be ₹8,135.28 crore, including operation, maintenance and interest.
He appealed to the KERC to increase power tariff by ₹1.37 paise per unit for 2023-24 to make up the loss. The company will spend ₹6,188.54 crore to purchase power to supply it to its consumers for the fiscal and its operation and maintenance cost will be ₹1,145.09 crore.
Mr. Gala said that GESCOM is not making serious efforts in conducting DTC-wise audits. GESCOM has spent ₹59 crore (₹20,000 each) for DTCs.
GESCOM has installed a total of 5,97,675 metres under Bhagya Jyothi and Kutira Jyothi schemes, of which 1,53,890 (25.75%) installations are un-metered, Mr. Gala complained.
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
This is his sixth patent. He holds five patents in the field of pharmacology. Another five applications are pending in the Indian patent office.
Ernakulam Rural police in Kerala detain 50 suspected Bangladeshi irregular migrants, part of crackdown on internal security threats.
Kochi City police take action to bring back filmmaker Sanal Kumar Sasidharan from the U.S. on stalking charges.
Explore the diverse wetlands of India, from the Sundarbans to Chilika Lake, home to unique wildlife and vital ecosystems.
GHMC Commissioner asserts authority to control stray dog menace through legal provisions, citing public health concerns and safety issues.
A team conducted raids at the residences of these officials in Belagavi and in Khavatakoppa, sources said.
Supreme Court criticizes Centre for filing frivolous appeals against armed forces, urges policy to avoid dragging personnel to court.
Italy’s data protection authority on Thursday blocked access to the Chinese AI application DeepSeek to protect users’ data.
Tapping ‘neera’, a sweet nutrient-rich sap derived from coconut spathe, using the Coco-sap Chiller developed by the Indian Council of Agricultural Research (ICAR)-Central Plantation Crops Research Institute (CPCRI), Kasaragod, Kerala, has raised the hopes of farmers in earning income from coconut trees, even while keeping monkeys at bay.
The films presented at the Sci560 Film Festival were selected through an open call and curated by a jury composed of members from the Bangalore Film Forum and the SGB team. The festival’s screenings highlight various aspects of Bengaluru, from its urban landscape to its technological advances and deep-rooted scientific traditions.
WHO recommends low-sodium salt substitutes to reduce hypertension and cardiovascular diseases
Over 2.06 crore devotees took a holy bath at the Maha Kumbh, with improved crowd management and safety measures.
Indian astronaut Group Captain Shubhanshu Shukla to pilot Axiom-4 mission to ISS in 2025, conducting experiments and inspiring innovation.
Prime Minister Modi to inaugurate 98th All India Marathi Literature Convention in Delhi, celebrating Marathi culture and literature.
Bright young minds, once again, will get an opportunity to engage in an exciting battle of wits as the 23rd edition of The Hindu Young World Quiz will be held in Bengaluru on February 5, at Chowdiah Memorial Hall in Gayathri Devi Park Extension, 2nd Main Road, 16th Cross, Malleswaram.
European regulators monitor bird flu variants; 20% of South Asian women miss daily activities during periods; weather affects Salmonella outbreaks.
Women and Child Welfare Minister Laxmi Hebbalkar attributed this increase to changing family systems, usage of social media by children, increasing child marriages and POCSO cases, ‘more love affairs among teenagers’, and traditional practices.
Bombay High Court orders interim ban on PoP idols, directs strict compliance with CPCB guidelines for eco-friendly alternatives.