The power purchase rate of Kerala State Electricity Board (KSEB) from National Thermal Power Corporation (NTPC) has touched an all-time high of Rs 12.17 per unit, aggravating resource crunch in the Board. The 350MW of power purchased at this rate is being distributed to the domestic and HT consumers at a lower rate. After the revision recently, the average tariff of domestic consumers was fixed at Rs 2.80 per unit and HT consumers who consumed more than 30,000 units were charged Rs 5.50 a unit.
KSEB member (finance) S Venugopal said that this was for the first time that the power cost had increased to such a level prompting the Board to charge more from consumers. KSEB is in a severe financial crisis with the higher rate of Rs 12.17 a unit from NTPC and a decision on power hike has to come at the earliest.