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The municipal corporation purchases power in bulk from the Kerala State Electricity Board (KSEB). The budget for this operation, however, is separately prepared and is not included in the annual municipal corporation budget. The separate books of accounts of the operation are also kept under the cash-based system.
The Kerala State Electricity Board, constituted by the Government of Kerala, by order dated 7 March 1957, under the Electricity (Supply) Act, 1948 is in the business of Generation, Transmission and Distribution of electricity and strives to provide quality electricity [clarification needed] at an affordable cost to all classes of consumers in the state of Kerala.
Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account.
Paying the bills requires good timing for deposits to come in — and payments to go out. The amount of time for a payment to post to your account varies by the financial institution.
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Electronic billing or electronic bill payment and presentment, is when a seller such as company, organization, or group sends its bills or invoices over the internet, and customers pay the bills electronically. [1] This replaces the traditional method where invoices are sent in paper form and payments are done by manual means such as sending ...
The company started functioning on 6 November 1969, with Thrissur city as its headquarters. [1] It started with a capital of Rs 2,00,000, and had 45 employees and 10 branches.
In retaliation, the KSEB reportedly cut power supply to MVD offices in certain regions, leading to disruptions in the department's operations. While the KSEB claimed the power cut was a routine procedure due to non-payment of bills, there were allegations that it was a deliberate act of retaliation.