JDS MLA, former minister MC Managuli passes away at 85; CM expresses grief

Agencies

January 28, 2021

Bengaluru, Jan 28: MC Managuli, Janata Dal (Secular) MLA from Sindagi Assembly and former horticulture minister of Karnataka, has passed away at a hospital in Bengaluru on Thursday morning. He was 85.

Karnataka Chief Minister BS Yediyurappa condoled the demise of Managuli.

In a condolence message in Kannada, he said: "I am deeply saddened by the demise of JDS MLA from Sindagi constituency MC Managuli. The state has lost a senior leader. May his soul rest in peace."

Former Prime Minister HD Deve Gowda too mourned the demise of JDS leader. "MC Managuli has been my companion for years both politically and personally. The news of his demise is shocking. May God provide strength to his family and his soul rests in peace," he said.

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Mangaluru: Mescom proposes multi-year electricity tariff hike

News Network

January 9,2025

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."

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