KSEB
Even as the state government has allowed the Kerala State Electricity Board (KSEB) to buy power from Reliances' BSES power plant in Kochi for two more years, KSEB unions have pointed out that the agreement is a loss-making proposition for the KSEB. The unions have also demanded a detailed investigation into the "deal". The decision, which forces the KSEB to buy power at Rs 8 per unit from BSES, comes at a time when the former had already inked agreements to purchase power from the energy exchanges at Rs 5 per unit. The decision to extend the power purchase agreement will financially cripple the KSEB, according to the unions.
