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Karnataka government to set up an IT park in Mangaluru - The Hindu BusinessLine

Karnataka government to set up an IT park in Mangaluru - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Mangaluru: Mescom seeks Rs 1 67 per unit hike in power tariff; faces opposition | Mangaluru News

Shambhu Dayal Meena, chairperson, Karnataka Electricity Regulatory Commission, chairing a public hearing in Mangaluru on Friday. However, the KERC decided to conduct an independent study through a consultant to decide about Mescom’s demand. At a public hearing held by KERC at the deputy commissioner’s office in Mangaluru on Friday, the Mescom officials said the company will have to hike tariff by Rs 1.67 per unit to plug the revenue gap of Rs 943 crore projected for the year 2021-22. The company has presented before the commission that the steep increase in power purchase cost has forced it to propose a hike in tariff. However, the majority of organizations, including Kanara Chamber of Commerce and Industry (KCCI) and consumers objected to the company’s demand. Mescom has a 24.88 lakh consumer base in Dakshina Kannada, Udupi, Shivamogga and Chikkamagaluru and it expects to sell 5,658 million units of power in 2021-22.

KCCI seeks reduction in power tariff - The Hindu BusinessLine

KCCI seeks reduction in power tariff February 19, 2021 × The Kanara Chamber of Commerce and Industry (KCCI) has requested the Karnataka Electricity Regulatory Commission (KERC) to reduce the tariff for industrial users by ₹1 per unit. KCCI, which presented its objections for revision of power tariff proposed by Mangalore Electricity Supply Company (Mescom) at the public hearing of KERC in Mangaluru on Friday, said that Mescom has demanded tariff revision when the total demand from the industrial sector is coming down. In his submission before the KERC, Isaac Vas, President of KCCI, said that with the Covid pandemic and lockdowns impacting their cash cycles, MSMEs have faced severe bottlenecks. As an important part of the domestic and global value chains, the plight of MSMEs is of deep concern, he said.

Mangaluru: Trust in memory of Dr Olinda Pereira inaugurated at School of Social Work Roshni Nilaya

Mangaluru: Trust in memory of Dr Olinda Pereira inaugurated at School of Social Work Roshni Nilaya
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