The Kerala State Electricity Board (KSEB) has sought the permission of the State Electricity Regulatory Commission to increase the power tariffs in 2013-14 to recover an additional sum of Rs. 1,573 crore from consumers . It was only six months ago that the commission had allowed the KSEB to increase the tariffs to net an additional revenue of Rs. 1,257.63 crore.
In its annual statement showing Aggregate Revenue Requirements and Expected Revenue from Earnings submitted before the commission on Thursday, the KSEB said the revenue gap in its operations would come to Rs. 2,758 crore during the next financial year, if the billing were to be done under the existing tariff structure.