Mescom proposal on power tariff revision opposed

While Mangalore Electricity Supply Ltd (Mescom) has proposed a hike in tariff by an average of Rs 1.33 per unit, representatives of farmers, industry bodies and others on Monday asked the Karnataka Electricity Regulatory Commission (KERC) not to hike the tariff.

During a public hearing on power tariff revision by the KERC, chaired by its chairman H M Manjunath, Mescom MD Prashant Kumar Mishra said the annual revenue requirement of Mescom for 2022-23 has been estimated at Rs 4799.93 crore, which includes Rs 2858.44 crore towards power purchase, Rs 769.24 crore for operation and maintenance.