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Home News Power Sector News Kerala State Electricity Regulatory Commission (KSERC) wins award

Kerala State Electricity Regulatory Commission (KSERC) wins award

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KSRCRecognized for its slew of measures to strengthen and regulate the power sector, the Kerala State Electricity Regulatory Commission (KSERC) has bagged a special award for 'Transparency and Fostering Competition'.

Mathew George, member of the KSERC received the award at a national meeting of regulators and policy makers, organized by the Independent Power Producers' Association of India (IPPAI) in Goa on 03-08-2013.

The IPPAI had instituted 13 awards this year, to promote clean and efficient power generation, recognizing both private and government-run corporations for their contributions to power development in the country.

Speaking at the award ceremony, Prof S L Rao, former chairman, Central Electricity Regulatory Commission said, "There are several serious problems plaguing the nation's power generation and distribution, coupled with issues like corruption and inefficiency that hover over fuel production. These awards aim to incentivize progress and good work in the sector." The jury, comprised of Anil Razdan, former secretary, Ministry of Power,Prof S L Rao, Ajay Shankar, member secretary of the National Manufacturing Competitiveness Council and V Subramanian, former secretary MNRE, chose Kerala for the special award after evaluating the relative performances of all state electricity regulatory committees.

"To combat severe power shortage, innovative concepts like recovery of marginal cost of power from extravagant consumers, higher rate for high-end domestic consumers and 'Time of Day' tariff for domestic sector were introduced for the first time in the country in Kerala," explained George.

"Effective control and admonitions on the Kerala State Electricity Board has forced it to streamline unregulated power purchase and enter in to prudent contracts to avoid power shortages in the future," he added.

In addition, the KSERC has rationalized tariffs after a gap of 10 years and prescribed preferential tariffs for green and renewable sources like wind energy and small hydro projects.

Source - Times of India


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