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Electricity Sector
The Uttar Pradesh Electricity Regulatory Commission (UPERC) on Saturday announced power tariffs for FY 2025-26, keeping rates unchanged for the sixth consecutive year. The decision, officials said, reflects Chief Minister Yogi Adityanath's directive to protect consumer interests. As per a press statement, according to the new multi-year tariff regulations (2025), all consumer categories will continue with the existing tariff structure. The UPERC has also fixed a distribution loss trajectory, directing UPPCL to reduce overall losses from 13.78 per cent in FY 24-25 to 10.74 per cent by FY 29-30. The commission said all consumers will benefit from the Green Energy Tariff. The UPERC said only Madhyanchal and Paschimanchal DISCOMs achieved their FY 24-25 loss targets, while Purvanchal DISCOM performed the worst. Subsidies for lifeline consumers, rural scheduled metered households and private tubewells will continue as before. The commission also directed DISCOMs to collect PAN details o
Worldwide solar and wind power generation has outpaced electricity demand this year, and for the first time on record, renewable energies combined generated more power than coal, according to a new analysis. Global solar generation grew by a record 31 per cent in the first half of the year, while wind generation grew by 7.7 per cent, according to the report by the energy think tank Ember, which was released after midnight Tuesday London time. Solar and wind generation combined grew by more than 400 terawatt hours, which was more than overall global demand increased in the same period, it found. The findings suggest it is possible for the world to wean off polluting sources of power even as demand for electricity skyrockets with continued investment in renewables including solar, wind, hydropower, bioenergy and geothermal energies. That means that they can keep up the pace with growing appetite for electricity worldwide, said Malgorzata Wiatros-Motyka, senior electricity analyst at
Jammu and Kashmir Chief Minister Omar Abdullah has dismissed speculation about privatisation of electricity in the Union territory, and said his vision is to strengthen and reform the power sector. "We are not talking about privatisation. If we reduce our losses, improve billing efficiency and enhance revenue generation, there will be no need for it. My vision is to strengthen and reform the power sector in J-K," Abdullah said. The CM addressed the gathering at the 58th Engineers' Day at SKICC here on late Monday evening. The event was held to honour the legacy of Bharat Ratna Sir M Visvesvaraya for his pioneering contribution to engineering in India. The chief minister said electricity generation and efficient distribution hold the key to economic prosperity in J-K. Emphasising the critical role of the power sector, Abdullah underscored the need for J-K to reduce its power losses and then focus on harnessing its vast hydropower potential to strengthen its economy. "This is the o
Indian Energy Exchange on Thursday said that its monthly electricity traded volume grew 18.9 per cent to 11,803 million units (MU) in August on a year-on-year basis. A total of 21.68 lakh Renewable Energy Certificates (RECs) were traded during the month, an IEX (Indian Energy Exchange) statement said. The monthly electricity traded volume (including TRAS) stood at 11,803 MU in August 2025, marking an 18.9 per cent year-on-year (YoY) growth, according to the statement. Despite higher demand, prices on power exchanges were lower than the previous year, owing to higher supply side liquidity on the exchange platform, it explained. The market clearing price in the day-ahead market stood at Rs 4.00 per unit in August 2025, marking a 7 per cent year-on-year(YoY) decline. Similarly, the price in the Real Time Market was Rs 3.38 per unit in August 2025, down 6 per cent YoY. These prices presented an opportunity for Discoms and Commercial & Industrial consumers to meet their demand at a .