Kerala Water Authority mulls non-water projects for revenue

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Mired in loss and under flak for tariff hike,Kerala Water Authority(KWA) is exploring new avenues to shore up revenue, including associating with film shooting. The has given in-principle sanction toKWAto initiate projects for non-water revenue generation (NWR).

The plan is to use the properties of KWA for activities like mobile Network improvement plan, wall painting, parking, guest house room renting, cine shooting, design consultancy, installing solar panel, EV

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charging stations and ATMs.

During 2021-22, the total revenue of KWA has increased by 9.41% to Rs 1,504.96 crore as compared to Rs 1,375.56 crore during the previous year. The net loss of KWA has increased by 38.75% to Rs 824.34 crore as against a net loss of Rs 594.11 crore during the previous year on account of increased expenses towards employee benefit, fuel and power charges and provision made for prior period adjustments. Accumulated loss at the year-end stood at Rs 4,911.43 crore, as per the document.