Special Correspondent

BANGALORE: Karnataka Power Transmission Corporation Ltd. (KPTCL) has been charged with violating provisions of the Electricity Act by trading in power though it is only a transmission entity.

In its objection filed before the State power regulator against KPTCL’s plea to increase the transmission tariff, the Federation of Karnataka Chambers of Commerce and Industry (FKCCI) has pointed out that under Section 39 (1) of the Electricity Act, transmission agencies like KPTCL have been prohibited from trading in power after June 10, 2004. The Union Government, through a Government Order, had permitted KPTCL to trade in power up to June 9, 2005.

However, in the tariff petition filed before the power regulator, KPTCL has shown crores of rupees as liability towards “sundry creditors” for power purchase.

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