Exclusive news and data that keep market professionals aheadWednesday, November 11, 2026

Kerala CM alleges pressure to push costly power deals, vows to end Kerala's electricity crisis this month

Thiruvananthapuram, Nov 11 (UNI) Kerala Chief Minister V.D. Satheesan on Wednesday alleged that attempts were made to create panic over an impending power shortage and pressure him into approving expensive electricity purchase agreements, asserting that he would not sign any deal without thoroughly examining its financial implications. He said an initial assessment by the Kerala State Electricity Board (KSEB) had warned of severe power shortages from November 1, projecting an alarming situation that required immediate procurement decisions. However, a subsequent assessment by a new team of officials presented a different picture, prompting questions about the basis of the earlier warning.…

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Words:
100
Type:
TEXT
Slug:
ENERGY KERALA CM DEALS
Source
UNI India
Category
,
Published At
11/11/26 11:44
Last updated
11/11/26 11:44
Location
India