Bengaluru:The water tariffs in Bengaluru are likely to increase soon. Deputy Chief Minister and Bengaluru Development Minister DK Shivakumar on Tuesday said that an upward revision of water tariff in Bengaluru is inevitable, considering the huge financial burden on the Bengaluru Water Supply and Sewerage Board (BWSSB).
Speaking to reporters after chairing a meeting with the officials of BWSSB, Bruhat Bengaluru Mahanagar Palike (BBMP) and Bengaluru Metropolitan Region Development Authority (BMRDA) here, Shivakumar said BWSSB has been asked to submit a proposal on water tariff hike to the government. "A final call will be taken after the proposal is submitted," he added.
Shivakumar said that BWSSB has been running under huge losses and no banks are ready to extend loans to take up water connection networks. Moreover, water tariffs have not been hiked since 2014 while power tariffs have gone up three times in this period. "As a result, the BWSSB is facing Rs 1,000 crore loss every year," he added.