Electricity tariff likely to increase from April 1 onwards


1 min read
Read later
Print
Share

Photo: Mathrubhumi

Thiruvananthapuram: Kerala State Electricity Board (KSEB) has submitted an application to Central Electricity Regulatory Commission to increase the electricity tariff from April 1 onwards. The board have proposed the revised rates for the next four years.

For FY2023-24, the board has requested an increase of Rs 40 paisa per unit. The final decision will be taken after a hearing by the commission.

Meanwhile, the commission is aware that the state electricity board will suffer Rs 2939 crore as a revenue deficit. Therefore, the board expects a favourable stand-by commission on their demands.

In the last financial year, the commission approved a 7 per cent increase proposed by the board.


Add Comment
Related Topics

Get daily updates from Mathrubhumi.com

Newsletter
Youtube
Telegram
Disclaimer: Kindly avoid objectionable, derogatory, unlawful and lewd comments, while responding to reports. Such comments are punishable under cyber laws. Please keep away from personal attacks. The opinions expressed here are the personal opinions of readers and not that of Mathrubhumi.