Dehradun: Recently Uttarakhand Power Corporation may propose to increase the electricity rates by 8 to 10% from the new financial year to the Electricity Regulatory Commission. The corporation has to file its petition in the commission by 30 November. On Friday, the managing director of the corporation, BCK Mishra and his team continued to meditate throughout the day to finalize the petition. UPCL will file a petition by Saturday. According to the commission's secretary Neeraj Sati, Pitkul and UJVNL have filed their petitions in the commission.
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Proposal for 8 to 10 % increase: It is believed that the corporation may propose to increase the electricity rates of domestic, commercial, agricultural sector by 8 to 10 % in its proposal. The arguments that the corporation has prepared in its favor. In addition to financial losses, including the possible increase in the rates of electricity purchased from companies, the increase in expenditure in salaries, allowances and other items after the seventh pay commission. To meet these expenses, it has prepared its proposal for the Annual Revenue Requirement (ARR).
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