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Mescom proposes power tariff hike of Rs 1.48 per unit
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Mescom proposes power tariff hike of Rs 1.48 per unit
Mangaluru: Mangalore Electricity Supply Company (Mescom) Limited on Monday decided on a hike of Rs 1.48/unit of electricity in order to meet the projected revenue gap of Rs 700.45 crore for the next fiscal.
Addressing the meet on tariff revision, Managing Director of Mescom, Chikkananjappa said that the hike was inevitable as the company had to improve revenue sources to purchase energy from the generators. Further, he said that the distribution system had to be maintained to its optimum level.
He added that there were other reasons for the increase including: increase in cost of power purchase, maintenance expenses, recruitment of junior linemen and assistant engineers and so on.
Mescom is spread over four districts – Dakshina Kannada, Udupi, Chikkamagaluru and Shivamogga and is said to cater to the needs of 14.06 lakh domestic consumers, 1.9 lakh commercial and about 28,584 industries.
Addressing the media, Chairman of Karnataka Electricity Regulatory Commission (KERC), Shankarlinge Gowda said that as per procedure, tariff would be increased after the pros and cons. He informed that the Commission was yet to conduct hearings at Hubballi, Kalaburagi and had already held meetings at Mysuru (Chamundeshwari Electricity Supply Corporation Limited), Bengaluru (Bangalore Electricity Supply Company) and Karnataka Power Transmission Corporation Limited (KPTCL).
Meanwhile, people present for the meet had mixed reactions to the proposed hike: some wanting a lower hike while other opposing the same citing the continued drought.
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