KERC moots Telangana model for IP sets subsidy

BENGALURU: Karnataka Electricity Regulatory Commission Chairperson H M Manjunatha on Monday said that all electricity supply companies (Escoms) should fall in line and be serious and efficient in their working, failing which they should be ready to face stern action.

He was speaking to the media after the Commission announced increase in power tariff by 35 paise, with effect from April 1, 2022. “The power situation has improved over the years and there is no shortage of power, but at the same time there is no professionalism among companies,” he said, adding that all Escoms should think of it as an industry and not a government body. “They seem to have forgotten they come under the Companies Act. They should have a corporate culture.”