Mangaluru: Mescom proposes multi-year electricity tariff hike

News Network
January 9, 2025

Mangaluru: In a significant development, Mescom has proposed a phased electricity tariff hike starting with Rs 0.70 per unit for the fiscal year 2025-26. The proposal has been submitted to the Karnataka Electricity Regulatory Commission (KERC) for approval, signaling a potential increase in electricity costs for consumers.

Mescom emphasized that the current tariff structure is insufficient to meet operational expenses and manage revenue effectively. To address this, the company has invited public objections to the proposed hike.

Currently, the electricity supply cost is Rs 9.23 per unit, while the consumer tariff stands at Rs 8.53 per unit, leading to a shortfall of Rs 0.70 per unit. For the financial year 2023-24, Mescom reported revenue of Rs 5,924.73 crore against an expenditure of Rs 6,310.39 crore, resulting in a deficit of Rs 367.66 crore. For the 2025-26 fiscal year, projected revenue is Rs 5,850.81 crore, with an actual requirement of Rs 5,961.63 crore, creating a deficit of Rs 110.82 crore.

In a first, Mescom has submitted a multi-year tariff revision proposal to KERC. The plan outlines a hike of Rs 0.70 per unit for 2025-26, followed by Rs 0.37 per unit for 2026-27 and Rs 0.54 per unit for 2027-28.

"An increase in electricity tariff is inevitable," stated Jayakumar R, Managing Director of Mescom. "Mescom has submitted a proposal in this regard to KERC."

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News Network
July 10,2025

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Bengaluru has cemented its status as one of the world’s top 10 technology talent hubs, standing shoulder to shoulder with global giants like Beijing and Tokyo, according to Colliers’ latest report, "Global Tech Markets: Top Talent Locations 2025."

The report analyzed over 200 cities worldwide on key indicators such as talent acquisition, venture capital (VC) funding, labor quality, talent pipeline, and sectoral composition. The findings reveal a dominant presence of Indian and Chinese cities in the global tech talent landscape — with India shining particularly bright.

India’s top six cities have secured positions among the top 10 in the Asia-Pacific region for tech talent acquisition, reflecting the country’s vast skilled workforce and thriving innovation ecosystem. Bengaluru and Hyderabad continue to lead the pack, offering a strong combination of deep talent pools, advanced IT infrastructure, and cost-effective operations — a combination highly attractive to global tech firms.

“India is a powerhouse of tech talent and a key player in the global innovation ecosystem,” said Arpit Mehrotra, Managing Director, Office Services, India, Colliers. “Bengaluru and Hyderabad alone accounted for nearly half of the conventional office space leasing in H1 2025.”

During the first half of 2025, tech companies leased over 10 million sq. ft. of office space across India’s top seven cities, representing 40% of total demand for conventional office spaces. In flexible workspaces too, tech occupiers made up nearly 50% of leasing activity.

This surge is backed by India’s competitive advantages — from a large base of young, highly skilled professionals to an ever-expanding startup ecosystem. The report highlights a key trend: tech workforces are getting younger. Between 2014 and 2022, workers under 25 in the tech sector grew by 9%, a rate more than 20 times higher than the all-industry average. This demographic shift is fueling interest in cities like Bengaluru, Hyderabad, and Jakarta.

Globally, demand is also surging for specialized roles like AI experts, data scientists, and cybersecurity professionals, as traditional IT job postings decline. Bengaluru's deep talent pool in these emerging areas is further reinforcing its appeal to international employers.

With high-quality office infrastructure, a robust digital backbone, and unmatched talent scalability, India’s tech cities are not just competing globally — they’re leading the way.

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News Network
July 4,2025

Mangaluru, July 4: In a startling turn of events, a man who claims to be a former sanitation worker in Dharmasthala village has filed a sensational complaint alleging a series of brutal murders and systematic cover-ups spanning nearly two decades.

The complainant, represented by Bengaluru-based lawyers Ojaswi Gowda and Sachin Deshpande, submitted a six-page letter to the Dakshina Kannada Superintendent of Police and Dharmasthala police, detailing chilling claims of being forced to dispose of multiple bodies under threat to his and his family’s life.

Police officials on Thursday confirmed receiving the complaint, stating that an inquiry would be launched and action taken based on its findings.

The case first came to light after a letter from the lawyers began circulating on social media. The letter revealed their client's intent to approach Dharmasthala Police with disclosures on “heinous crimes” committed in the region, citing a “guilt conscience” as the reason for coming forward.

According to the complaint:

The man says he worked at Dharmasthala from 1995 to December 2014.

During this time, he was allegedly coerced into burying bodies in secret, under constant threat.

In December 2014, fearing for his life, he fled with his family and went into hiding in a neighbouring state.

He recently returned to a burial site, allegedly revisiting a spot where a body was exhumed — and submitted photographs as part of his complaint.

The complaint also alleges the involvement of “influential individuals” in the killings and subsequent intimidation. The man has sought protection under the Witness Protection Scheme, 2018, before naming those responsible.

Lawyers Ojaswi and Sachin attempted to meet SP Dr Arun K on June 27, but he was unavailable during their visit.

The allegations — if proven — could open the doors to one of the most explosive criminal investigations in the region’s recent history.

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News Network
July 6,2025

Mangaluru, July 6: MLC Ivan D’Souza has urged the Karnataka government to convene a Cabinet meeting in Mangaluru, calling it crucial to address long-pending developmental and administrative issues in the coastal districts of the state.

Speaking to the media, D’Souza pointed out that the government has already conducted Cabinet meetings in Chamarajanagar, Nandi Hills, and Kalaburagi, with the next session scheduled in Vijayapura. He said it's high time the coastal belt — especially Dakshina Kannada and Udupi — received the same level of attention.

“A Cabinet session in Mangaluru would bring state-level focus to the unique challenges and aspirations of the coastal region,” he said.

D’Souza added that he would raise the demand formally in the upcoming Legislature session and personally meet Chief Minister Siddaramaiah to push for it.

Key Demands Highlighted by Ivan D’Souza

Renaming Dakshina Kannada as ‘Mangaluru’:

The MLC said there is broad consensus among political and social leaders on renaming the district to reflect its global identity.

“Across the world, people identify the district as ‘Mangaluru’. It’s time we create Brand Mangaluru,” he said.

Boosting Coastal Tourism and Fisheries:

Despite prior discussions, no major tourism projects have been announced for the region. D’Souza called for focused investment in both tourism and fisheries.

Special Package for Mangalore University:

Calling it an educational hub, D’Souza demanded a dedicated development package for Mangalore University to address infrastructural and academic needs.

Mangaluru Airport Development:

He criticised the lack of development at Mangaluru Airport, despite its international status, and called for urgent upgrades.

Addressing Sand and Red Stone Shortage:

D’Souza highlighted the construction delays due to raw material shortages and urged the government to simplify related legal procedures.

Why It Matters

D’Souza said a Cabinet meeting in Mangaluru would allow ministers to engage directly with local stakeholders and address region-specific concerns that have been neglected by successive governments.

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