UPPCL red-flags demand for tariff reduction
The UP Power Corporation Ltd (UPPCL) has urged the regulator not to consider the demand for reducing the existing tariff to adjust the amount overcharged from consumers as the matter is pending before the Appellate Tribunal For Electricity (APTEL) for adjudication, people familiar with the development said.
The UPPCL request has come ahead of the tariff revision exercise for 2022-23 from June 21.
The UP Electricity Regulatory Commission (UPERC), in its order five years ago, had observed that till 2017-18 the discoms realised an additional revenue of ₹13,337 crore from consumers by projecting the losses more than what they were actually found during true-ups.
