Uttar Pradesh has become the first state in the country to have no increase in electricity rates for the sixth consecutive year. The Power Corporation had proposed a 45% increase in electricity rates this year, arguing that power companies were incurring a loss of approximately ₹25,000 crore this financial year.

But the Uttar Pradesh Electricity Regulatory Commission ( UPERC), releasing its order on Saturday, claimed that the state’s electricity consumers already had a surplus of ₹33,122 crore with the power companies.

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Consumers in the state have generated an additional surplus of approximately ₹18,592 crore this year. The total surplus has now risen to over ₹51,000 crore.

Following this decision, the Power Corporation will not be able to increase electricity rates, direc

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