Southern States - Kerala   

KSEB's projected revenue gap Rs. 940 cr.

By Our Special Correspondent

THIRUVANANTHAPURAM JUNE 6. The KSEB's projected revenue gap this financial year will be in the range of Rs. 940 crores, according to a report submitted by it to the Government.

If the entire gap is to be bridged through a tariff hike, several categories of power consumers will have to pay double the existing tariff. The report to the Government acquires significance in the context of the tariff revision petition the KSEB will be submitting to the State Power Regulatory Commission shortly.

An option suggested by the KSEB is for the Government itself to make good one-third of the projected revenue gap and allow the KSEB to seek a tariff revision to recover another one-third of the deficit from the consumers. There is provision in the laws governing the Regulatory Commission to permit the power utility to defer the recovery of the remaining one-third of the revenue gap to the coming year.

The burden that has to be passed on to the consumers will, thus, depend entirely on the Government's capacity to share it.

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