Thiruvananthapuram: The Kerala State Electricity Board (KSEB) is having a great time with the incessant rains filling the dams with maximum capacity. Now, the state has increased the power production and started to sell hydro power.

It is reported that Kerala is selling 100 MW power to Bihar. In daytime, Rs 4.50 is charged per unit and in evening, Rs 6 is charged.

Meanwhile, KSEB can return the power that it borrowed from Haryana during last summer.

Apart from this, 500 to 600 MW power is being sold through power exchange. With selling of power, Kerala earns a profit of Rs 50,000 to Rs 1 crore. Average price of a unit is Rs 3.50.

At present, state generate 3.8 crore units of power every day. According to KSEB, the increase in power supply has made the board sell and clear the arrears with other states.

The board plans to limit the expenditure to purchase power with the profit from the sale.

For Kerala, there is no more need to purchase power as per the tender. However, KSEB is making more profit by purchasing power at a low rate and selling it at a high rate through power exchange.

“If the shutters of the dams are not opened, we can generate more power and grab the market. Sale through power exchange will not be practical once water level decreases in dams,” claims KSEB.

In this monsoon, dams got surplus water to generate 150 crore unit of power. This is a historic moment for the board. Hence, hydro power generation in the state created a record.