Kerala require to submit smart meter installation reports
POWER & RENEWABLE ENERGY

Kerala require to submit smart meter installation reports

Kerala is going to lose Rs 10475 crore given by the central government due to KSEB's incompetence. The Centre requested that the state modernise the power system. As a result, the process of installing 37 lakh smart metres in the state began. However, the approach has backfired, with KSEB falling short of meeting the numbers. The department will now raise electricity bills in order to make up for the Rs 2939 crore deficit. Union minister R K Singh has set a June 15 deadline for the state to report on the progress of installing smart metres.

R K Singh further requested that the state withdraw from the scheme if the contract for smart metres was not awarded by June 15. Smart metres are critical for tariff regulation and will help consumers receive affordable energy costs. Due to the delay in Kerala, the center's permitted subsidy of Rs 2000 crore would also be revoked. The administration should also reimburse the central government Rs 67 crore for not implementing this scheme. To reach this goal, the government intends to borrow from KIIFB while also devising a plan to raise tariffs in order to extract that money from the people.

The KSEB union was the driving force for the scheme's demise. The government could only use Rs 28 crore of the Rs 67 crore received. Previously, the KSEB director board supported a plan to install smart metres, but the tender process was halted by left-wing unions. The left wants the C-DAC to handle the smart metre installation.

See also:
Chakan MIDC's infrastructure being upgraded by the power utility


Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

Kerala is going to lose Rs 10475 crore given by the central government due to KSEB's incompetence. The Centre requested that the state modernise the power system. As a result, the process of installing 37 lakh smart metres in the state began. However, the approach has backfired, with KSEB falling short of meeting the numbers. The department will now raise electricity bills in order to make up for the Rs 2939 crore deficit. Union minister R K Singh has set a June 15 deadline for the state to report on the progress of installing smart metres. R K Singh further requested that the state withdraw from the scheme if the contract for smart metres was not awarded by June 15. Smart metres are critical for tariff regulation and will help consumers receive affordable energy costs. Due to the delay in Kerala, the center's permitted subsidy of Rs 2000 crore would also be revoked. The administration should also reimburse the central government Rs 67 crore for not implementing this scheme. To reach this goal, the government intends to borrow from KIIFB while also devising a plan to raise tariffs in order to extract that money from the people. The KSEB union was the driving force for the scheme's demise. The government could only use Rs 28 crore of the Rs 67 crore received. Previously, the KSEB director board supported a plan to install smart metres, but the tender process was halted by left-wing unions. The left wants the C-DAC to handle the smart metre installation. See also: Chakan MIDC's infrastructure being upgraded by the power utility

Next Story
Infrastructure Urban

Osaka Expo 2025 to Feature World’s Largest Wooden Structure

Osaka Expo 2025 will showcase the world’s largest wooden structure—a spectacular canopy encircling the 155-hectare exhibition grounds. Designed by architect Sou Fujimoto, the structure combines cutting-edge technology with Japan’s thousand-year tradition of wooden construction to create a futuristic yet sustainable landmark.“This is the biggest wooden construction in the world, so we used the latest technology alongside Japan's ancient craftsmanship to achieve a futuristic design,” Mr Fujimoto said. Rigorous testing ensured the strength of the beams and joints for the immense structu..

Next Story
Infrastructure Energy

India ranks 6th globally with 127 Net-zero firms

India has secured the sixth position globally in corporate climate action, with 127 companies committing to net-zero targets under the Science- Based Targets initiative (SBTi), according to the latest report from ICRA ESG Ratings.Although India contributes approximately 7 per cent of global emissions, its corporate commitments reflect a growing awareness of climate concerns. However, high-emission sectors such as power, energy, and cement are lagging in adopting these goals.The report reveals that fewer than 10 per cent of firms in these high-emission sectors, which contribute to 55 per cent o..

Next Story
Infrastructure Energy

Power prices fall 31% amid renewable push

The average price of electricity traded on India’s power exchanges during October-November 2024 fell by 31 per cent year-on-year (YoY) to Rs.3.61 per unit in the Day-Ahead Market (DAM), down from Rs.5.23 per unit in the same period last year. Similarly, Real-Time Market (RTM) prices dropped by 29 per cent to Rs.3.59 per unit, compared to Rs.5.04 per unit a year ago, as per industry data. The price drop was driven by a surge in renewable energy generation, particularly hydro and wind power, supported by favourable monsoon conditions. Improved fuel availability and government-led ini..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000