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Company Directory - Kerala State Electricity Board

Company Details - Kerala State Electricity Board

Kerala State Electricity Board Logo

Kerala State Electricity Board

Website

Thiruvananthapuram, India

The Kerala State Electricity Board (KSEB) is the regulatory body for electricity in the state of Kerala, responsible for the generation, transmission, and distribution of electricity to millions of customers. KSEB aims to provide reliable and quality power supply and is dedicated to fostering the development of the state's electricity infrastructure.

CCI Score

CCI Score: Kerala State Electricity Board

-11.19

0.01%

Latest Event

State Government Funds KSEB to Cover Losses

On March 26, 2024, the State government released ₹767.71 crore to the Kerala State Electricity Board (KSEB) as part of taking over 75% of its losses incurred in the 2022-23 fiscal year. This financial intervention was linked to power sector reforms and was intended to relieve the board from pressures related to huge power purchase expenditures, potentially softening the future impact on consumer tariffs.

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ENABLER

Kerala State Electricity Board is currently rated as an Enabler.

-10 to -19 CCI Score
Companies in this segment facilitate authoritarian practices while claiming neutrality. They provide resources or support that indirectly bolster oppressive regimes, thereby undermining democratic accountability without overtly endorsing the regime.

Latest Events

  • State Government Funds KSEB to Cover Losses Logo
    MAR
    26
    2024

    On March 26, 2024, the State government released ₹767.71 crore to the Kerala State Electricity Board (KSEB) as part of taking over 75% of its losses incurred in the 2022-23 fiscal year. This financial intervention was linked to power sector reforms and was intended to relieve the board from pressures related to huge power purchase expenditures, potentially softening the future impact on consumer tariffs.

  • +50

    Public and Political Behavior

    May 29

    The state’s decision to infuse ₹767.71 crore into KSEB reflects a positive public and political behavior by using government support to stabilize a key public utility. This intervention helps safeguard essential services and consumer interests by mitigating operational pressures. In an era where public accountability is paramount, such supportive measures can be seen as aligned with anti-fascist democratic principles that favor public welfare over privatization and market-driven austerity.

    State releases ₹ 767.71 crore to Kerala State Electricity Board

  • KSEB Faces Trade Union Strike Threat Over Smart Meter Project Logo
    JUN
    10
    2023

    On June 10, 2023, trade unions at the Kerala State Electricity Board threatened an indefinite strike in protest of the board’s decision to proceed with its Rs 8,200-crore smart meter project, a move seen as dismissive of union concerns and calls for exploring alternative proposals.

  • -60

    Labor Relations and Human Rights Practices

    May 29

    The board’s insistence on implementing the smart meter project despite nearly a year of union protests indicates a disregard for worker rights and labor input. Such a decision exacerbates labor tensions and reflects a management approach that undermines the rights and concerns of its employees, which is a negative outcome in terms of labor relations and human rights practices.

    KSEB trade unions threaten indefinite strike against smart meter project in Thiruvananthapuram

  • KSEB CMD's Controversial Facebook Post Criticizes Left Unions Logo
    FEB
    14
    2022

    On February 14, 2022, the KSEB CMD published a scathing Facebook post condemning left-aligned unions at KSEB. In his post, he alleged that union leaders were engaging in unauthorized decision-making and political patronage, effectively bypassing proper board procedures, which has escalated into a significant political crisis within the state-run board.

  • -40

    Executive Political Engagement

    May 29

    The CMD’s use of a public platform to target left unions directly undermines democratic labor representation and legitimate worker rights. By engaging in politicized rhetoric that delegitimizes collective bargaining and progressive union actions, the CMD's actions can be interpreted as aligning with authoritarian tendencies that compromise ethical, labor-friendly practices.

    KSEB CMD's fight with Left unions snowballing into a major political issue

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