UERC: Petition of UPCL for review of Tariff Order dated 11.4.25 approval of Business Plan & MYT for fifth control period

Petitioner: Uttarakhand Power Corporation Ltd.

Background: Uttarakhand Power Corporation Ltd. (“UPCL” or “the Petitioner”) has filed a Petition for review of Commission’s Order dated 11.04.2025 (“Impugned Order”) on the approval of Business Plan and MYT for fifth Control Period from FY 2025-26 to FY 2027-28 and tariff determination for FY 2025-26 along with true up for FY 2023-24, under Section 94(1)(f) of the Electricity Act, 2003 (“the Act”), Regulation 54(1) of the Uttarakhand Electricity Regulatory Commission (Conduct of Business), Regulations, 2014 (“UERC CBR”), Regulation 103 of the Uttarakhand Electricity Regulatory Commission (Terms and Conditions for Determination of Multi Year Tariff), Regulations, 2021 and 2024 respectively, and under Section 114 read with Order XLVII of the Code of Civil Procedure 1908.