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UP Keeps Power Tariffs Unchanged for Sixth Year as Regulator Finalizes FY26 Order

UPERC says a projected Rs 18,592 crore surplus outweighs this year's Rs 7,710 crore revenue gap.

Overview

  • The commission approved an Annual Revenue Requirement of Rs 1,10,993.33 crore for FY 2025–26 against expected revenue of Rs 1,03,283.29 crore from existing tariffs and subsidy, resulting in a regulatory gap of Rs 7,710.04 crore.
  • UPPCL and the DISCOMs are projected to carry an accumulated regulatory surplus of Rs 18,592.38 crore as of April 1, 2025, which the regulator cited to hold rates steady.
  • A five-year trajectory directs distribution-loss reduction from 13.78% in FY 2024–25 to 10.74% by FY 2029–30, with only Madhyanchal and Paschimanchal meeting last year’s targets.
  • Green Energy Tariff access is now open to all consumers, with the additional surcharge set at Rs 0.34 per unit for high-voltage users and Rs 0.17 per unit for low-voltage users.
  • Rates for Noida Power Company Ltd remain unchanged and its 10% regulatory discount continues, and UPERC will issue a consultation paper on billing transparency for multi‑storey and township single‑point connections.