Trade bodies make representation at KERC hearing

Counsel for Federation of Karnataka Chambers of Commerce and Industry (FKCCI) Sridhar Prabhu submitted that there were discrepancies in the power auditing. He also submitted that Rs 476 crore of deposit amount was collected  from consumers, but so far only Rs 205 crore has been transferred to them.

“Despite the KERC directions, RS 270 crore has not been transferred. It should be considered now, before the tariff revision. We want to know what happened to it,” he said. Earlier, Latha Krishna Rao, Managing Director, KPTCL in her presentation said that the service tax is imposed on all the transmission companies in the country and sought to include it.

The Bangalore Water Supply and Sewerage Board (BWSSB) said that the KPTCL’s projection of gap of Rs 422 crore is due to its high interest loan and its employees cost. They submitted that there is no need to increase their tariff if these two are addressed.

Canara Small Industries Association (CSIA) in its submission sought differential tariff for escoms and said that Bescom which consumes about 50 percent of the power should pay more. The Consumer Care Society in its submission cited the statement of Chief Minister about the scam in transformer purchase, and sought to know why the consumers must pay for the scandals.