BENGALURU: The Karnataka Power Transmission Corporation Ltd (KPTCL) had indulged in financial bungling running into crores of rupees, the burden of which was passed on to consumers. The Comptroller and Auditor General of India (CAG), Karnataka, in its report on Public Sector Undertakings for the year ended March 2019, tabled before the State Legislature on Wednesday, has found that KPTCL created excess transmission capacity of Rs 3,870 crore, way beyond the norms in the Manual on Transmission Planning Criteria.
This comes close on the heels of a major tariff hike. “…there was an excess transmission capacity of 5,230 MVA involving capital cost of Rs 3,870 crore, which was an avoidable burden placed on consumers as the cost incurred on creation of such excess capacity was factored into transmission tariff recoverable from the distribution licences,” the report stated.
