Kiran Mazumdar-Shaw meets CM Siddaramaiah, Deputy CM Shivakumar
Bengaluru (PTI): Biocon chief Kiran Mazumdar-Shaw on Tuesday met Chief Minister Siddaramaiah and his deputy D K Shivakumar and greeted them on the occasion of Diwali, official sources said.
Shaw has been critical of Bengaluru's infrastructure woes by highlighting them through her social media posts, and has been repeatedly urging the state government to intervene.
"Biocon chief Kiran Muzumdar-Shaw visited Cauvery (CM's official residence) and wished Chief Minister Siddaramaiah on Diwali. Legislative Council Chairman Basavaraj Horatti was present on the occasion," the CM's office said in a statement.
Shah met Shivakumar at his Sadashivanagar residence in Bengaluru, the Deputy CM's office said.
The state government has come under criticism over the poor state of roads and traffic issues in the city for some time now, with industry veterans like former Infosys CFO Mohandas Pai and Shaw repeatedly openly urging the state government to immediately intervene.
Faced with mounting criticism from industry leaders, Shivakumar, who is also the Minister in-charge of Bengaluru development, had recently urged them to stop "hurting" the city and the state that have contributed to their growth.
Stating that the government was making all efforts to fix the issues, he had appealed to industry leaders not to forget their "roots"'--Bengaluru, Karnataka, and its people--and asked them to be patient, stressing that "there is a limitation for everything."
With the Deputy CM subsequently alleging that she and Mohandas Pai had some "personal agenda", as they did not raise any issues relating to Bengaluru infrastructure during the BJP regime, Shaw, rejecting it, had posted on 'X', "Not true. Both T V Mohandas Pai and I have criticised deteriorating infrastructure in our city to previous BJP & JDS Governments. Our agenda is clear, clean up and restore roads."
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Power tariffs under BESCOM to rise from May 1
Bengaluru (PTI): Power bills for consumers under the Bangalore Electricity Supply Company Limited (BESCOM) will go up from May 1, following an order issued by the Karnataka Electricity Regulatory Commission (KERC) on Friday.
The hike comes after KERC allowed the BESCOM to recover a revenue deficit of Rs 2,068 crore incurred in 2024-25, from the consumers.
As a result, for every unit of electricity consumed in 2024-25, the customers will be charged an additional 56 paise, it said.
"BESCOM shall calculate, for each of the active consumers of FY2024-25 the amount to be recovered based on their actual energy consumption during FY2024-25. Such amount shall be recovered during FY 2026-27 in equal monthly instalments, to be called as 'FY25 True up Charges', commencing from the first meter reading date falling on or after 1 May 2026 and concluding with the reading date ending on 30 April 2027," the order said.
"It is further ordered that BESCOM shall maintain a separate head of account, allocated for the purpose, to record the adjustment of the said amount to ensure full recovery of the deficit," it added.
Similarly Chamundeshwari Electricity Supply Corporation Limited (CESC) has also recorded a revenue deficit of Rs 121.71 crore and can collect an additional 15 paisa per unit for consumption in 2024-25, official sources said.
