Daijiworld Media Network – Bengaluru (SS)

Bengaluru, Jun 29: Energy Minister V Sunil Kumar on Tuesday June 28, clarified that there is no proposal to hike power tariffs by the government and that the government has not issued any directive in this regard.

However, he said there is a difference in the expenditure incurred due to higher costs of coal and petroleum products.

The minister said a wrong message had been conveyed regarding the revision in power tariffs in some quarters. He said there is no proposal before the government to hike the power tariffs. He said there is a practice of increasing power tariffs once in a year while clarifying that consumers need not worry about the rumours of a power tariff hike.

The state has 13 thermal power stations and they require adequate supply of coal and petroleum products. There is a revision in fuel cost adjustment charges every quarter in tune with the market rates that is accrued to the escoms.

The minister said the regulator KERC has the right to recommend a revision in power tariffs based on these costs.