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Stakeholders punch holes in to Mescoms tariff filing

Mangaluru: A tariff submitting by way of Mangalore Electricity Supply Company (Mescom) Ltd for financial year (FY) 2019-20 prior to Karnataka Electricity Regulatory Commission (KERC) in quest of hike of Rs 1.38/unit bumped into rough climate at a public hearing organised by way of KERC, here on Thursday. The stakeholders had been equivocal in their call for that KERC pare current power tariff and now not accede to the company’s request for a hike to hide up revenue deficit.
Thrashing Mescom’s tariff submitting and describing it skulduggery of numbers, Sathyanarayana Udupi, former advisory committee of KERC, said the projected deficit of Rs 706 crore for FY 2019-20 can be became round into surplus provided that the company took projects to get better Rs1,231 crore because of it from various assets. Mescom will nonetheless be left with a surplus of nearly Rs1,000 crore if it paid the Rs 233 crore it in flip owes to Bescom, he said.

Noting that this balance of cost has remained unchanged for the previous decade, Udupa said the company has also thrown all known statistical rules to the wind by way of taking FY 2016-17 as base year for its tariff estimation, a year that saw big fluctuations both revenue and tool consumption smart. Mescom at Rs five.71/unit is paying more for power equipped by way of UPCL as against Rs five.02/unit that Bescom is paying the Adani workforce company, he said.

Even the ability acquire agreements that Mescom has with 21-off power provide companies too clearly suggests that the company is paying no less than Rs 2/unit more in comparison to other power distribution companies, which is costing its kitty an additional Rs 150 crore, he said. Mescom has also failed miserably in following up various directives given by way of KERC on various counts including making it obligatory to mend timer switches, he noted.

Reminding the commission that barring 2005-06, when Okay P Pandey headed the quasi-judicial frame that the price lists had been remaining slashed, Udupa said the company that prided itself as one of the most higher managed discom in India had now not proven any desirable development in addressing transmission and distribution losses. For all capital expenditure Mescom has made and looked for during the submitting has now not ended in tangible results, he contended.

B A Nazeer, representing Kanara Chamber of Commerce and Industry ,said top tariff sought by way of Mescom for LT five class has virtually killed off industrial expansion within the area. Many industries have close store, he said, including paring off a rupee from current tariff will help in rejuvenating the industrial scene and also convey the company revenue via new customers. This will even help in generating much-needed employment within the area, he added.

Taking be aware of lawsuits on Mescom’s provider deficiency and giving a patient hearing to the stakeholders views at the tariff submitting, Shambu Dayal Meena, chairman, KERC, said the similar might be considered whilst announcing the tariff order. Meena also directed Snehal Rayamane, MD, Mescom, to pay due attention to consumer grievances and also sensitise all rungs of the company body of workers in making sure higher provider that the company is at all times in a position to.

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