Business Daily from THE HINDU group of publications Monday, Feb 04, 2008 ePaper | Mobile/PDA Version |
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Industry & Economy
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Power States - Karnataka KCCI files caveat before Appellate Tribunal Our Bureau Mangalore, Feb. 3 The Kanara Chamber of Commerce and Industry (KCCI) has filed a caveat petition before the Appellate Tribunal of Electricity at New Delhi against the “intended moves” of the electricity supply companies (escoms) in the State to bring a stay on the recent order on tariff revision by the Karnataka Electricity Regulatory Commission (KERC). Addressing presspersons here on Saturday, Mr K. Narasimha Prabhu, President of KCCI, said that the KERC passed an order on January 22, directing the Mescom (Mangalore Electricity Supply Company) to reduce the existing tariff to 35 paisa per unit to different categories of consumers. This has given a relief of reduction of 25 paisa per unit to industries with effect from February 1, he said. Appeal likely“As per KERC order, Mescom is bound to reduce rates from February 1. But on enquiry with them they have not done so. All escoms are now intending to move to appeal to the Appellate Tribunal of Electricity at New Delhi for stay of the KERC order. “We, at KCCI, suspecting such a move from the Mescom have already, on January 29, filed a caveat petition before the Appellate Tribunal of Electricity at New Delhi under Caveat no. 3 of 2008,” he said. When contacted, Mr S. Sumanth, Managing Director of Mescom, told Business Line that “Escoms in the State are examining the KERC order.” More Stories on : Power | Courts/Legal Issues | Karnataka
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