Himachal Pradesh electricity board posts Rs 315 crore profit in FY 2024‑25

Himachal Pradesh State Electricity Board Ltd (HPSEBL) reported a profit of Rs 315 crore in the financial year 2024‑25, marking its first-ever surplus after years of losses.

HPSEBL had accumulated losses totalling Rs 3,742 crore by March 31, 2024. The turnaround is attributed to governance reforms and efficiency drives led by the current state government.

With improved finances, the state approved Rs 368.89 crore for employee benefits, including gratuity, medical reimbursements, pensions, and leave encashment, up from Rs 87.56 crore the previous year. By July 31, 2025, Rs 187.86 crore had already been disbursed.