The Kerala State Electricity Board (KSEB) on Thursday painted a bleak picture of the emerging power scenario this summer, even as it received a go-ahead from the government for an additional borrowing of ₹500 crore.
At an online review meeting chaired by Chief Minister Pinarayi Vijayan, the KSEB pointed out that approximately ₹1,477 crore will be needed to meet the advance payments for power purchases during March, April and May.
Given the current trend in consumption, the State-run power utility is also expecting power shortages to the tune of 800 MW during the peak consumption hours in April and May.