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Power tariff: Regulatory panel’s public hearing in Thiruvananthapuram today
ELECTRICITY consumers can air their views on the Kerala State Regulatory Commission’s suo motu decision to determine power tariff in the state on Wednesday.
The Commission, which took the step after the Kerala State Electricity Board (KSEB) failed to submit tariff proposals for 2016-17, will hold a public hearing at its offices at Vellayambalam at 11 am. The Commission has uploaded details regarding its decision on its website www.erckerala.org.
As per the Aggregate Revenue Requirement (ARR) and Expected Revenue from Charges (ERC) statements prepared by the Commission, the KSEB will have a revenue surplus of Rs 575.74 crore in 2016-17 and Rs 600.39 crore in 2017-18. Steps would be taken to fix the consumer category-wise tariffs after the hearing.
Every year, the KSEB prepares and submits the ARR&ERC and tariff proposals before the Commission. The latter then takes a decision on it after public hearings. But new provisions require the KSEB to submit tariff proposals in a Multi Year Tariff (MYT) format (Under it, tariff proposals for three fiscals have to be submitted at one go). This has led to a row between the panel and the KSEB. Tariff was last hiked in 2014. Curtis McKenzie Womens Jersey
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