Staff Reporter

PALAKKAD: Kerala Electricity Employees Confederation general secretary M.S. Rawthar has demanded an inquiry by an independent financial agency or an Assembly committee into the accounts of Kerala State Electricity Board (KSEB) since 2005, as the board has given different figures on its income and expenditure to the Tariff Regulatory Commission which rejected its request for power tariff hike.

Addressing presspersons here on Wednesday, Mr. Rawthar said by presenting different figures on the board’s financial position, the KSEB had lost its credibility. So the truth had to be brought out by an independent inquiry by a competent authority, he said.

He alleged that such unethical practices indulged in by the authorities concerned would create an impression that the board was operating at a loss.

This would help its policy of privatisation of the board, he said.

He said the board had informed the commission that it expected a deficit of Rs.1,100 crore in the current financial year. But the commission did not accept it. Then the board gave another figure of Rs.335 crore as expected loss. This was also rejected by the commission.