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Power tariff hike sought across all categories of customers

MYSURU: The Chamundeshwari Electricity Supply Corporation Limited (CESC) Mysuru has sought a tariff hike of 99 paise in line with unit for all categories of shoppers.
In the petition prior to the Karnataka Electricity Regulatory Commission (KERC), company managing director HN Gopal Krishna requested for 17% building up in tariff for 2020. The average present tariff is Rs 7.62 in line with unit.

During the general public listening to meeting held by means of KERC chairperson Shambhu Dayal Meena at the DC’s place of job on Tuesday regarding the revision of retail supply of tariff for monetary 12 months 2020, Gopal Krishna stated there’ll be a earnings deficit of Rs 630.7 crore for monetary 12 months 2020 and hence a tariff building up of 99 paise in line with unit is proposed.

“For monetary 12 months 2020, earnings deficit is Rs 407.7 crore and regulatory asset is Rs 224.eight crore and the entire is Rs 632.five crore. The earnings deficit will likely be Rs 630.7 crore,” he stated.

Justifying the demand in tariff hike, Gopal stated CESC is dealing with earnings deficit because of supplying uninterrupted power supply to rural and town areas as in line with the state government’s directions. “CESC has bought electricity for the next worth than licensed rate to offer to rural areas. There was fluctuation in distribution and the regulatory asset was elevate ahead to subsequent monetary 12 months. These elements resulted in earnings deficit and due to this fact a requirement for tariff hike,” he stated.

Stakeholders objected to the proposed hike. Mysore Industries Association president and former MLA Vasu stated as an alternative of mountaineering tariff, CECS must soak up value chopping. “The hike will affect small industries. Instead of the hike, CESC must make stronger quality of provider,” he stated.

Mysore District Micro, Small and Medium Enterprises Council secretary Suresh Kumar Jain stated GST and demonetisation badly affected industries, particularly small and medium industries. “There are round 70,000 MSMEs in five districts which come below CESC. These industries create a lot of jobs. Instead of mountaineering charges, CESC must gather the Rs 1300 pending invoice amount from government companies,” he stated.

Karnataka Small Scale Industries Association president Hussain stated industries are susceptible because of flooding of cheap Chinese products and not able to compete, factories are vanishing by means of the day.

While Kodagu Coffee Planters Association consultant Ponnappa demanded free electricity and waiver of bills, JSS Mahavidyapeeta consultant Nagaraju accused CESC of categorising instructional institutions and hostels below industrial category and charging charges.

KERC individuals HD Arun Kumar and HM Manunath have been present at the meet.

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