The Uttarakhand Power Corporation Limited (UPCL) is preparing to file a review petition with the Uttarakhand Electricity Regulatory Commission (UERC) after the approved power tariff for 2025–26 led to a significant revenue shortfall. UPCL has cited financial stress caused by the state government’s failure to pay surcharge dues on electricity supplied to the Jal Sansthan, Peyjal Nigam, and street lighting systems since 2023.
While UPCL, along with UJVNL and PTCUL, had proposed a 29.23% tariff hike, the UERC approved only a 5.62% increase from April 2025. This disparity, according to UPCL, has led to losses amounting to approximately ₹200 crore.
To seek redress, UPCL is preparing to place a proposal before its audit committee. Upon clearance, the proposal will be sent to the corporation’s board for approval. Once greenlit, a formal review petition will be filed with the regulatory commission, requesting revised tariff rates that reflect the actual financial burden.
Chief Secretary Anand Bardhan has already directed that the proposal be first scrutinized by the audit committee. Officials maintain that unless the pending surcharges are paid or tariff rates are appropriately adjusted, the corporation’s operational stability could be at risk.
