KERC concludes FY25 APR cycle with mixed true up outcomes across all licensees
The Karnataka Electricity Regulatory Commission (KERC) has concluded its Annual Performance Review (APR) for FY2024-25 across all electricity licensees in the state through a batch of orders dated April 17, 2026. The orders cover five electricity supply companies BESCOM, HESCOM, GESCOM, CESC, and MESCOM, along with the state transmission utility KPTCL, cooperative licensee HRECS, and two deemed distribution licensees operating within Special Economic Zones, Mangalore SEZ Limited (MSEZL) and AEQUS SEZ Private Limited. The outcomes…