Regulatory Developments in Power Distribution Sector April 21, 2025

By

  UGVCL reports surplus in FY 2023–24, GERC approves ARR and tariff through FY 2029–30 The Gujarat Electricity Regulatory Commission (GERC) has issued its final order on Case No. 2421 of 2024, approving the truing up of FY 2023–24 and the Aggregate Revenue Requirement (ARR) and tariff for Uttar Gujarat Vij Company Limited (UGVCL) for the Multi-Year Tariff (MYT) control period from FY 2025–26 to FY 2029–30. For FY 2023–24, UGVCL reported a total ARR…

|

Kerala announces electricity tariff hike of 16 paise per unit

By

The Kerala government has announced a 16 paise per unit increase in electricity tariffs for the 2024-25 financial year, effective from December 5, 2024.  An additional hike of 12 paise per unit will follow in the 2025-26 financial year. This marks the fifth tariff increase under the Pinarayi government’s tenure since 2016. Electricity Minister K Krishnankutty stated that the hike is minimal and will not impact household budgets.  The Kerala State Electricity Board (KSEB) had…