Rebel boss Eknath Shinde takes oath as Maha CM; Devendra Fadnavis his Deputy

Mangaluru: In a significant development, Mescom has proposed a phased electricity tariff hike starting with Rs 0.70 per unit for the fiscal year 2025-26. The proposal has been submitted to the Karnataka Electricity Regulatory Commission (KERC) for approval, signaling a potential increase in electricity costs for consumers.

Mescom emphasized that the current tariff structure is insufficient to meet operational expenses and manage revenue effectively. To address this, the company has invited public objections to the proposed hike.

Currently, the electricity supply cost is Rs 9.23 per unit, while the consumer tariff stands at Rs 8.53 per unit, leading to a shortfall of Rs 0.70 per unit. For the financial year 2023-24, Mescom reported revenue of Rs 5,924.73 crore against an expenditure of Rs 6,310.39 crore, resulting in a deficit of Rs 367.66 crore. For the 2025-26 fiscal year, projected revenue is Rs 5,850.81 crore, with an actual requirement of Rs 5,961.63 crore, creating a deficit of Rs 110.82 crore.

In a first, Mescom has submitted a multi-year tariff revision proposal to KERC. The plan outlines a hike of Rs 0.70 per unit for 2025-26, followed by Rs 0.37 per unit for 2026-27 and Rs 0.54 per unit for 2027-28.

"An increase in electricity tariff is inevitable," stated Jayakumar R, Managing Director of Mescom. "Mescom has submitted a proposal in this regard to KERC."

Mangaluru: The Tannirbhavi beach stretch up to the forest department's Tree Park is on the brink of a remarkable transformation under the ‘One Beach, One Destination’ initiative. This ambitious project aims to elevate the beach into a top-tier tourist hotspot through comprehensive upgrades and strategic developments.

Deputy Commissioner Mullai Muhilan MP shared updates during a press briefing on Tuesday, revealing that fresh tenders have been floated for maintaining the main beach. The technical evaluation of tenders for the Tannir Bhavi Blue Flag Beach is nearing completion, with the financial bids set to open shortly. “We are pleased to see major players participating in the tender process,” the DC remarked.

For the main beach, the maintenance contract will span 10 years. Meanwhile, the Blue Flag Beach’s successful bidder will face a progressive financial model—starting with a Rs 50 lakh payment in the first year, escalating to Rs 2 crore by the 10th year, alongside a minimum 5% revenue share for the administration. “Upon completion of the development, the beach will feature continuous activities to enhance its appeal,” he added.

Approximately 90% of the beach’s development work is already complete. Eco-friendly initiatives such as waste management systems and solar installations are operational at the Blue Flag Beach. While entrance work by Mangaluru Smart City Limited is ongoing, the beach remains accessible to the public. Entry fees, set in accordance with Blue Flag guidelines, aim to support sustainable maintenance efforts.

The ‘Blue Flag’ certification represents a global standard in eco-tourism, ensuring clean bathing water, state-of-the-art amenities, safety measures, and sustainable development. Karnataka’s Padubidri and Kasarkod beaches are among the few in India to hold this prestigious certification.

Mangaluru Smart City Limited is spearheading the development of the 1.8-acre area, with an investment of approximately Rs 16 crore. Once completed, the Tannirbhavi Beach is expected to stand out as a vibrant and eco-friendly destination, drawing tourists and locals alike.

Dubai: Air Kerala, India’s newest airline supported by UAE investors, has selected Kochi International Airport as its primary operational hub. The airline announced this decision early Thursday, revealing plans for its inaugural domestic flight from Kochi in June this year, followed by a UAE launch in 2027. 

The announcement was made at a press conference in Kochi recently in the presence of several members of the Kerala government, including Industries, Law, and Coir Minister P. Rajeve.

P. Rajeve expressed, "Air Kerala’s establishment marks a proud moment for the state, promising to enhance connectivity, generate employment, and boost tourism."

Chairman Afi Ahmed, a Dubai-based entrepreneur, highlighted, "Choosing COK as our base underscores our confidence in Kerala's potential to emerge as a key aviation hub. We are eager to contribute to and connect the state's growth with the world."

Aircraft Acquisition:

CEO Harish Kutty announced that the initial phase will utilize five leased aircraft, each with a 76-seat capacity. An agreement has been finalized with an Irish lessor for these planes. Over the next two years, the airline plans to acquire an additional 20 new aircraft.

Air Kerala aims to expand its services internationally, connecting major cities and reaching smaller towns across South India.

Economic Impact and Growth:

According to Ahmed, as Kerala’s first airline, Air Kerala is poised to significantly impact the state's economy. "The airline’s operations will create 750 direct and indirect job opportunities in its first year," he stated.

The airline also anticipates a boost to Kerala's tourism sector. Ahmed noted, "With affordable fares and accessible routes, Air Kerala aims to attract global tourists eager to explore Kerala."

Harish Kutty emphasized the airline's commitment to operating as a true ultra-low-cost carrier, making air travel affordable for all. "We aim to convert bus and train passengers into air travelers with our competitive fares and superior service," he affirmed.