States » SouthPosted at: Jan 16 2026 8:34PM


Karnataka ESCOMs seek power tariff hike after ₹4,900 crore loss

Bengaluru, Jan 16 (UNI) Karnataka's electricity supply companies (ESCOMs) have reported a combined revenue loss of nearly ₹4,900 crore for the financial year 2024-25, prompting them to seek permission from the Karnataka Electricity Regulatory Commission (KERC) for a power tariff revision from April.
According to the ESCOMs' annual performance reports submitted to KERC, the losses were significantly higher than earlier estimates, raising concerns over the financial stability of power distribution in the state. Among all utilities, the Bangalore Electricity Supply Company (BESCOM) reported the highest loss of ₹2,802 crore, followed by HESCOM with ₹604 crore, MESCOM ₹480 crore, CESC ₹528 crore, and GESCOM ₹457 crore.
The companies have proposed increasing tariffs for industrial and commercial consumers, who pay bills directly, while reducing rates for agricultural pump sets, which are subsidised by the state government under existing schemes, including Gruha Jyothi, which covers electricity consumption up to 200 units for domestic users. ESCOM officials said the move would ease operational and maintenance challenges while reducing the subsidy burden on the government.
Please log in to get detailed story.
Tags: #Karnataka ESCOMs seek power tariff hike after ₹4#900 crore loss
More News

CPM actions weakening police force: AICC Gen Secretary KC Venugopal

16 Feb 2026 | 10:57 PM

Thiruvananthapuram, Feb 16 (UNI) AICC General Secretary and Lok Sabha member KC Venugopal on Monday alleged that the ruling Communist Party of India (Marxist) (CPI-M) is systematically weakening the morale of the police force in Kerala.

see more..

TN can become USD1 trillion economy by 2031: TN Economic Survey

16 Feb 2026 | 10:34 PM

Chennai, Feb 16 (UNI) Tamil Nadu’s prospects of achieving its goal of USD 1 trillion economy by 2031 by sustaining the current growth rate and a rise in the value of the dollar against rupee, states the Tamil Nadu Economic Survey 2025-26. The state will also contribute to India becoming a developed nation by 2047, the survey said.

see more..

AP: Bill Gates appreciates AP's AI-driven agriculture initiatives

16 Feb 2026 | 10:26 PM

Vijayawada, Feb 16 (UNI) Bill Gates, Chair of the Gates Foundation, on Monday visited an agricultural field near Undavalli near here along with Andhra Pradesh Chief Minister N Chandrababu Naidu to review the state government’s use of advanced technologies and AI-based services in the farm sector.

see more..

TN to give immediate attention to key areas in agriculture: Survey

16 Feb 2026 | 10:12 PM

Chennai, Feb 16 (UNI) Tamil Nadu must give immediate attention to several key areas in the agricultural sector for sustainable growth and resilience, notes the state’s economic survey for 2025-26.

see more..

HiLITE gifts 47 cars worth Rs 20 crore to employees

16 Feb 2026 | 9:53 PM

Kozhikode, Feb 16 (UNI) Celebrating three decades of transformation, prominent Kerala-based conglomerte HiLITE Group has marked its 30th-anniversary milestone with an extraordinary gesture of appreciation, gifting a fleet of 47 cars valued at Rs 20 crore to its dedicated workforce.

see more..