KSEB under financial strain as costly power purchases add up to ₹1,000 crore in two months

The Kerala State Electricity Board is under severe financial strain, with unpaid bills and mounting debts building up. Additional spending on power purchases has touched ₹1,000 crore within two months.

The board bought power from Himachal Pradesh and from private companies to meet supply shortages. These purchases were not approved in advance, and their cost has added to the board's burden.

The strain has also led to delayed pension payments, according to the reports on the situation.