UPPCL likely to propose power tariff hike soon
Lucknow, May 11 -- The UP Power Corporation Ltd (UPPCL) is expected to propose a tariff increase in the state by the month-end as the electricity regulator has accepted its annual revenue requirement (ARR) proposal, setting the revenue need for the current fiscal at Rs 1.16 lakh crore.
In U.P, there has been no direct increase in the electricity tariff for the last five consecutive years.
"The Uttar Pradesh Electricity Regulatory Commission (UPERC) on Friday accepted our ARR filed on November 30. Now, we will file the tariff increase hike proposal separately for 2025-26 after May 20," a senior UPPCL official said.
The UPERC, in its order passed by chairman Arvind Kumar and member San- jay Singh, has directed the UPPCL/discoms to publish, in three working days, the ARR, financial perform- ance and revenue gap thro- ugh a public notice in newspapers. P3...
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