Uttar Pradesh power utility proposes 25% hike in electricity tariffs

UP Power Corp has pegged 2019-20 revenue-expenditure gap at Rs 18,091 crore

Power utility Uttar Pradesh Power Corporation Limited (UPPCL) has proposed hiking electricity tariffs by more than 25 per cent for domestic consumers, moving after Lok Sabha elections got over, 

Against the prevailing power tariff of Rs 4.90 per unit for the first 150 units of monthly consumption, UPPCL has proposed to increase the slab by more than 26 per cent to Rs 6.20 per unit.

Similarly, the variable slab for power consumption between 151-300 units, 301-500 units and 500 units upwards have been proposed to be increased by 12-20 per cent to Rs 6.50 unit (Rs 5.40 at present), Rs