Power usage at market complex: Kochi Corporation Council may have to take a call on footing bill
2 weeks, 6 days ago

Power usage at market complex: Kochi Corporation Council may have to take a call on footing bill

The Hindu  

The Kochi Corporation Council may have to decide how to cover the cost of power usage in the vast common utility areas of the newly opened Ernakulam Market Complex. The grey area in the operations of the complex came to light after the Kerala State Electricity Board disconnected the power supply to verandahs and utilities like the sewage treatment plant on Tuesday evening. In a statement, Congress leader Antony Kureethara pointed out that the council had permitted Cochin Smart Mission Limited to execute projects and purchase equipment on the condition that the agency would cover operation and maintenance costs for the first five years. If the Corporation were to bear these expenses, including the power bill for the utility areas in the market, it would have to generate around ₹90 crore over five years, the statement said.

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Kochi Corporation’s fund utilisation for ongoing fiscal may exceed ₹70 crore, says Mayor
1 month ago

Kochi Corporation’s fund utilisation for ongoing fiscal may exceed ₹70 crore, says Mayor

The Hindu  

The Kochi Corporation may be able to spend nearly ₹70 crore of the allocations for the 2024-25 financial year, Mayor M. Anilkumar has said. The utilisation may exceed ₹70 crore when bills on expenditure for ₹23.47 crore on infrastructure are considered. Addressing the Corporation Council meeting on Tuesday, Mr. Anilkumar said weekly review meetings should be convened by the development …

Soaring demand drove up spending on power purchases in 2023-24: KSEB
3 months, 1 week ago

Soaring demand drove up spending on power purchases in 2023-24: KSEB

The Hindu  

The Kerala State Electricity Board spent ₹12,982.59 crore on power purchases in 2023-24, which was ₹2,418.36 crore more than the level approved by the Kerala State Electricity Regulatory Commission for the fiscal. But the actual quantum purchased, to meet the soaring demand, was 25,585.32 mu at a cost of ₹12,982.59 crore, the KSEB said in a petition filed before the …

Chief Minister to inaugurate Ernakulam Market Complex on December 14
3 months, 3 weeks ago

Chief Minister to inaugurate Ernakulam Market Complex on December 14

The Hindu  

Chief Minister Pinarayi Vijayan will inaugurate the newly rebuilt Ernakulam Market complex on December 14, which was constructed with ₹72.69 crore in CSML funds. The CSML and Kochi Corporation will jointly operate and maintain the market for one year, after which the Corporation will take over responsibility, based on a mechanism that has been readied, said Mayor M. Anilkumar. Every …

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