The Kerala State Electricity Regulatory Commission (KSERC) is likely to issue its final orders on electricity tariff revision proposals submitted by the Kerala State Electricity Board (KSEB) within two weeks.
The Kerala High Court on Thursday quashed a regulatory provision that allowed the inclusion of repayment of the principal amount on bonds issued to the Master Trust (pension fund) of KSEB employees for computing the KSEB’s aggregate revenue requirement (ARR). The KSERC will have to factor in this development before issuing its orders on the tariffs.
The High Court order quashing Regulation 34(IV) of the KSERC (Terms and Conditions for Determination of Tariff) Regulations, 2021, came on a petition submitted by the Kerala HT-EHT Industrial Electricity Consumers Association and two other petitioners. Awaiting the court’s decision, the commission had extended the validity of the prevailing tariffs up to September 30. The commission is not likely to go in for another extension, sources said.
