Business Daily from THE HINDU group of publications Tuesday, Apr 22, 2008 ePaper | Mobile/PDA Version | Audio |
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Industry & Economy
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Power States - Kerala Continue with existing tariff, KSEB told
Our Bureau Thiruvananthapuram, April 21 The State Electricity Regulatory Commission (SERC) has ordered the Kerala State Electricity Board (KSEB) to continue with the existing tariff till the latter submits a new tariff petition. The commission, after obtaining the responses of various stakeholders such as consumers, employees’ organisations and major industries in the State, has arrived at a revenue gap of Rs 3.93 crore for 2008-09 as against Rs 754.69 crore as projected by KSEB in its petition on Aggregate Revenue Requirement (ARR) and Expected Revenue Charges (ERC) for the year, according to a statement from SERC. The board had projected an ARR of Rs 5,734.03 crore and ERC of Rs 4,979.34 crore for 2008-09, leaving a revenue gap of Rs 754.69 crore. SERC ESTIMATESThe commission, on its part, has come to the conclusion that the ARR for the year will be Rs 4,983.27 crore and the ERC Rs 4,979.34 crore with the revenue deficit at Rs 3.93 crore. The commission in its order has directed KSEB to give separate estimates on transmission and distribution losses as also technical and commercial losses in its ARR and ERC filings in the future. Meter replacementThe board should prepare a plan for meter replacement and compliance should be closely monitored. Besides, the board will have to file a proposal for incentive-linked energy efficiency programme aimed at reducing the peak load in the system. The board should draw up an implementation plan, including a procurement plan, for all important capital projects under generation, transmission and distribution. It may also prepare a detailed plan for the realisation of huge amount of power charge arrears and submit it to the commission. The commission has asked the board to come up with a status report on compliance to its directives within two months. More Stories on : Power | Kerala
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