After trimming its aggregate technical and commercial (AT&C) losses to 11.9%, the Kerala State Electricity Board (KSEB) has pitched for hiking user tariffs by 10% to add at least Rs 1,100-crore revenue per year.
The State Electricity Tariff Regulatory Commission (SERC) will take a call on this plea this week. SERC is likely to recommend a tariff hike in a day or two, according to state power ministry sources. However, following the public hearings, the commission may favour a hike closer to 8.5% only.
Kerala is one of the seven states which improved their AT&C scores in tune with the Centre’s Ujwal Discom Assurance Yojana (UDAY). Read more