State regulators approve tariffs for HPSEBL and Aspen Park Infra

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  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…

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Privatization of Distribution Utilities in Madhya Pradesh – Policy Paper

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Madhya Pradesh’s electricity distribution sector stands at a critical crossroads, grappling with mounting financial losses, operational inefficiencies, and regulatory bottlenecks. The Electricity (Amendment) Bill 2022 proposes transformative reforms, such as introducing competition through multiple distribution licensees, enhancing regulatory autonomy, and restructuring power procurement practices, to revitalize the sector. But will these measures address the systemic challenges plaguing the state’s DISCOMs? This policy paper critically examines the structural and financial hurdles faced by Madhya Pradesh’s power distribution…

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Iberdrola acquires 88% stake in Electricity North West

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Iberdrola has finalized the acquisition of an 88% stake in UK-based Electricity North West (ENW), valuing the entire company, including debt, at €5 billion ($5.4 billion). ENW serves approximately 5 million people across northwest England, including Manchester and the Lake District, managing 60,000 km of distribution networks. This acquisition is strategically significant for Iberdrola, as ENW is situated between the existing ScottishPower network regions in Scotland and areas in Merseyside and North Wales. The move…