KSEB failed in countering power shortage: CAG

Thiruvananthapuram: According to CAG report submitted in Assembly KSEB failed in countering the power shortage in the state. CAG alleges KSEB’s negligence and says that the Board worked on a loss of 3758 crore rupees in the year 2012-13. This investigation was reported by CAG in their report on public service organizations. There was an over expenditure of Rs. 244.07 crore on buying power on short term basis. CAG asks to re-examine the buying of power from private power stations. The report was submitted by CAG in Assembly.

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