PM Modi to join ASEAN-India Summit in Malaysia virtually
New Delhi (PTI): Prime Minister Narendra Modi on Thursday said he would join the ASEAN-India Summit virtually in Malaysia next week.
Modi conveyed this to his Malaysian counterpart Anwar Ibrahim during a phone call on Thursday.
“Had a warm conversation with my dear friend, Prime Minister Anwar Ibrahim of Malaysia. Congratulated him on Malaysia’s ASEAN Chairmanship and conveyed best wishes for the success of upcoming Summits,” Modi said in a post on X.
“Look forward to joining the ASEAN-India Summit virtually, and to further deepening of the ASEAN-India Comprehensive Strategic Partnership,” Modi said.
The ASEAN meetings are scheduled from October 26-28.
Malaysia has invited US President Donald Trump as well as leaders of several countries which are the dialogue partners of the ASEAN grouping.
Trump is set to travel to Kuala Lumpur on October 26 on a two-day trip.
The ASEAN-India dialogue relations started with the establishment of a sectoral partnership in 1992. This graduated to full dialogue partnership in December 1995 and summit level partnership in 2002.
The ties were elevated to a strategic partnership in 2012.
The 10 member countries of ASEAN are Indonesia, Malaysia, the Philippines, Singapore, Thailand, Brunei, Vietnam, Laos, Myanmar and Cambodia.
The two-way relations between India and ASEAN have been on a significant upswing in the last few years with focus being on boosting cooperation in the areas of trade and investment as well as security and defence.
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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.
