The restrictions will be in place from September 27 after getting a formal consent from the Electricity Regulatory Commission.
It will be carried out in half-hour durations in the morning and evening peak hours (6am – 9am and 6pm – 10pm). The board is expected to save 2.5 million units daily as a result of the curbs.
During the post-cabinet media briefing, chief minister Oommen Chandy was reluctant to announce the decision directly. "A load-shedding is inevitable," Chandy said, sounding apologetic.
"There is a proposal to introduce a one-hour load-shedding. We are trying to reduce the severity as much as we can," he said.
So will there be a load-shedding, he was asked. "That's what I said," he said. The duration? "Half-an-hour," he said. Just half-an-hour? "Half-an-hour in the morning and half-an-hour in the evening."
Other severe measures like limiting consumption at subsidised rates to 200 units a month and restrictions on HT and EHT consumers are now under the consideration of the Regulatory Commission.
An unprecedented surge in consumption is claimed to have forced KSEB's hands. The demand for power has shot up so much, that KSEB now purchases a record 7.7 million units at a prohibitive '12.4 per unit every day from the Kayamkulam Thermal Power Plant.
KSEB's realization is less than Rs 5 per unit. This means KSEB has to shell out an extra '300cr monthly, straining its finances beyond its limit.
Source- deccan herald