Chandigarh, Jan. 11 -- The Haryana Power Generation Corporation Ltd (HPGCL) has placed a fixed cost requirement of Rs.1,960.34 crore before the Haryana Electricity Regulatory Commission (HERC) for the generation tariff of its thermal power plants for 2026-27 financial year.

The matter came up for hearing before the regulator on the petitions filed by HPGCL and Haryana Vidyut Prasaran Nigam (HVPN) for the upcoming financial year. An HERC spokesperson said that during the proceedings, HPGCL submitted that the fixed cost sought is necessary for operating and maintaining its thermal generating stations in the state.

HPGCL also placed its true-up petition for 2024-25 fiscal before the commission, stating that its actual expenditure during th...