Mandatory Power Tariff Hike Looms in Kerala Amidst Economic Strains
Kerala's power minister, K Krishnankutty, announced an impending hike in electricity rates due to a decline in domestic production and rising costs of external procurement. This move has faced criticism from opposition leader V D Satheesan, who blames inefficiencies and rising debts of the Kerala State Electricity Board (KSEB) for the increase.
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Kerala is bracing for an increase in electricity rates, according to Power Minister K Krishnankutty, who cited a drop in domestic power production as a key factor.
The Kerala State Electricity Regulatory Commission will review evidence before deciding on the rate hike, aimed at addressing procurement costs and operational expenses.
Opposition leader V D Satheesan criticized the hike, attributing it to the mishandling and rising debt of the Kerala State Electricity Board.
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