Author: PPD Team Date: 29/04/2025
HPERC approves new power tariffs for HPSEBL for FY26
The Himachal Pradesh Electricity Regulatory Commission (HPERC) has finalised the Aggregate Revenue Requirement (ARR) and approved the wheeling and retail supply tariffs for Himachal Pradesh State Electricity Board Limited (HPSEBL) for FY 2025-26. The Commission’s order, dated March 28, 2025, also concludes the final true-up for FY 2022-23, provisional true-up for FY 2023-24, and the true-up of controllable parameters for the 4th MYT Control Period (FY20–FY24).
The major decision involves a revised ARR of Rs 7,030 crore for FY26. Despite an assessed revenue gap of Rs 225 crore at existing tariffs, HPERC opted for a modest tariff increase averaging 2% across categories to bridge the shortfall. Residential consumers will see minor changes in slabs and a slight rise in per-unit charges, while commercial and industrial consumers will face a moderate adjustment in fixed and energy charges.
For generators and transmission licensees, the Commission confirmed adjustments in power purchase cost recovery, reflecting a total approved power purchase cost of Rs 5,155 crore for FY26.
For open access consumers, revised wheeling charges have been set at Rs 0.65 per unit for long-term users and Rs 0.78 per unit for short-term users. The cross-subsidy surcharge was rationalised based on the voltage levels, with the Commission also approving a recalibrated additional surcharge of Rs 0.34 per unit to cover stranded costs.
Read the full order here.
GERC approves multi-year tariff for Aspen Park Infra Vadodara
The Gujarat Electricity Regulatory Commission (GERC) has approved the truing-up of accounts for FY 2023-24, the Aggregate Revenue Requirement (ARR) for FY 2025-26 to FY 2029-30, and the retail supply tariff for FY 2025-26 for Aspen Park Infra Vadodara Private Limited (AIVPL), a deemed distribution licensee operating a Special Economic Zone (SEZ) in Vadodara.
For FY 2023-24, the Commission approved a final Aggregate Revenue Requirement of Rs 667.44 lakh against revenue of Rs 675.30 lakh, resulting in a surplus of Rs 7.86 lakh. After factoring in previous surpluses and carrying costs, the trued-up net surplus for FY 2023-24 stood at Rs 30.50 lakh.
For the next control period (FY 2025-26 to FY 2029-30), GERC approved a projected ARR starting at Rs 607.53 lakh for FY 2025-26 and rising steadily to Rs 640 lakh by FY 2029-30. For FY 2025-26 specifically, a revenue surplus of Rs 45.86 lakh is projected at existing tariffs.
The energy sales projections were modest, growing from 6.89 MUs in FY 2025-26 to 7.12 MUs by FY 2029-30. Approved distribution losses are set to gradually decline from 2.47% to 2.27% over the same period.
The Commission maintained the wheeling charges at Rs 0.74 per unit for 11 kV consumers and approved a cross-subsidy surcharge of Rs 1.40 per unit for FY 2025-26.
Case No. 2440 of 2025 | Read the full order here.
For more regulatory updates, read the latest orders covered on Power Peak Digest: Energy Regulatory Updates – Power Peak Digest
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