HERC meeting on Feb 19 to address power tariffs
The Haryana Electricity Regulatory Commission (HERC) will convene its 31st State Advisory Committee (SAC) meeting on February 19 under the chairmanship of Nand Lal Sharma to finalise electricity tariffs for the new financial year 2025-26. The meeting will focus on the financial sustainability of power distribution companies, consumer protection measures and reforms to improve the efficiency of Haryana’s power sector.
The SAC, constituted under Sections 87 and 88 of the Electricity Act 2003, plays an advisory role on policy matters, including service quality, consumer rights and the performance of distribution companies.
The 21 member committee comprises representatives from industries, agriculture, non-governmental organisations, academic institutions and the managing directors of Uttar Haryana Bijli Vitran Nigam (UHBVNL) and Dakshin Haryana Bijli Vitran Nigam (DHBVNL).
In a public hearing held on January 15, HERC gathered feedback from stakeholders regarding the proposed electricity tariffs. Following this, the power distribution companies submitted a net Aggregate Revenue Requirement (ARR) of Rs 45,978.93 crore for FY2025-26. However, the commission has asked them to submit a concrete action plan to address the revenue shortfall of Rs 4,520.24 crore.
