Even as the Yogi Adityanath government has signed the ‘Power for All’ document with the Centre to provide 24x7 electricity supply to all households, state energy minister Shrikant Sharma has clarified that power tariffs would not be hiked this year.
State power utility UP Power Corporation Limited (UPPCL) is saddled with accumulated losses of about Rs 21,000 crore.
“Although the cumulative losses of UPPCL are to the tune of Rs 21,000 crore, we are against the idea of hiking power tariffs and are instead working towards decreasing the line losses,” he told Business Standard on sidelines of a media briefing