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The Hindu
The Hindu
National
Special Correspondent

KSEB reports loss of ₹1,200 crore

KSEB Commission

The Kerala State Electricity Board (KSEB) submitted before the Kerala State Electricity Regulatory Commission that the board had incurred losses up to ₹1,200 crore during the two financial years 2019-20 and 2020-21, while the Kerala High Tension and Extra High Tension Industrial Consumers Association contended that the board was making a profit of around ₹800 crore during the period.

The figures were presented at a hearing held here by the Commission for stakeholders on Monday on the truing up of accounts submitted by the board for financial years 2019-20 and 2020-21. Petitions submitted before the commission by various stakeholders were considered at the hearing.

Truing up of accounts is the finalisation of details of revenue and expenditure of the KSEB for the respective financial years.

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