Saudi to begin building homes in $500 billion futuristic city Neom

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."

A plane with 181 people on board crashed at South Korea's Muan airport after it veered off the runway while landing, with 177 people confirmed dead.

As per Yonhap news agency, the crash was reported in the South Jeolla province when the Jeju Air flight 2216 was returning from Thailand.

Two people - both believed to be flight crew - were rescued by authorities, which continued evacuating passengers from the Boeing 737-800's rear section. Two people are missing. 

Among the 181 on board, 175 were passengers and six were flight crew. Emergency services at the airport began operations around 9 am after the aircraft crashed into a fence after a failed belly landing attempt and erupted in flames. Visuals showed black smoke rising above the crash site.

The crash is believed to have been caused by "contact with birds, resulting in malfunctioning landing gear", coupled with adverse weather conditions. "The plane is almost completely destroyed, and identifying the dead is proving difficult. The process is taking time as we locate and recover the remains," the fire department in Muan said in a statement.

Two minutes before the crash, the pilot issued a Mayday call, Ministry of Land. It added, "It took approximately three minutes from the control tower's mention of a bird strike warning to the aircraft's attempt to land on the runway again."

When asked if the accident happened due to the runway being too short -- video shows the plane coming off the tarmac and hitting a wall -- the official said this was likely not a factor. "The runway is 2,800 meters long, and similar-sized aircraft have been operating on it without issues," they said.

Acting President Choi Sang-mok called for the mobilisation of all resources to save the passengers. "All related agencies must mobilise all available resources to save the personnel," he instructed officials in a statement.

Meanwhile, Jeju Air said it 'sincerely apologises' for the plane crash. "We at Jeju Air will do everything in our power in response to this accident. We sincerely apologise for causing concern," the airline said in a statement posted on its social media channels.

It is the first fatal accident in the history of Jeju Air, one of South Korea's largest low-cost carriers, which was set up in 2005. The aircraft involved in the crash was acquired in 2017 from Europe's low-cost carrier RyanAir.

On August 12, 2007, a Bombardier Q400 operated by Jeju Air carrying 74 passengers came off the runway due to strong winds at the southern Busan-Gimhae airport, resulting in a dozen injuries.

Second Plane Crash In A Week

Sunday's crash comes days after an Azerbaijan Airlines passenger plane crashed on Wednesday in Kazakhstan, claiming 38 lives.

Azerbaijan Airlines' Flight J2-8243 crashed and caught fire near the city of Aktau in Kazakhstan after diverting from southern Russia where Ukrainian drones were reported to be attacking several cities.

Russian President Vladimir Putin apologised to Ilham Aliyev, the president of Azerbaijan, for the "tragic incident". "It was noted in the conversation that the Azerbaijani passenger aircraft, which was travelling according to its schedule, repeatedly tried to land at Grozny airport. At that time, Grozny, Mozdok and Vladikavkaz were being attacked by Ukrainian unmanned aerial vehicles, and Russian air defence systems repelled these attacks," according to a Kremlin statement.

Israeli settlers shielded by the occupation troops have stormed several villages in the West Bank, setting Palestinian homes, farms and vehicles on fire.

Palestinian media reported that the violent settler attacks took place on Monday night in the villages of Turmus Ayya, Tuqu', Hajjah, Fara'ata, al-Funduq and Immatain.

Prior to the raids, far-right Israeli social media groups had posted messages calling on members to join in on rampages against Palestinian villages.

The attacks took place although Israeli rights groups had demanded preventative actions by the regime's authorities.

“Once again, the army is doing nothing to prevent settler violence. This time, too, the writing was on the wall, and notices calling for riots in the villages were distributed publicly among settlers,” the Yesh Din right group said.

Settler violence has escalated significantly since October 7, 2023, when Israel unleashed a genocidal war on the Gaza Strip.

So far, the Tel Aviv regime has killed at least 45,854 Palestinians, mostly women and children, and injured 109,139 others, in its brutal Gaza onslaught. 

Israel confiscates more Palestinian land

Separately on Monday, the Wafa news agency reported that Israeli authorities had seized 262,000 square meters of Palestinian land in Jaba’, al-Ram, Kafr 'Aqab, and Mukhmas, all situated in the al-Quds governorate.

Israeli human rights organization Ir Amim said that the occupying regime is seeking to annex the confiscated area to the illegal Geva Binyamin settlement.

More than 600,000 Israelis live in over 230 settlements built since the 1967 Israeli occupation of the West Bank and East al-Quds.

While all Israeli settlements are illegal under international law, Israel keeps expanding them in blatant violation of United Nations Security Council resolutions.