UPPCL revenue recovery takes a hit despite sale of 24% more energy
Hindustan TimesLucknow: Amid its ongoing financial struggles, Uttar Pradesh Power Corporation Limited has flagged 37 of its 40 zones where the revenue recovery rate per unit decreased since the last year despite it selling 24% more energy to users during the same period. Kanpur’s KESCO showed a decline of 84 paise per unit, the highest of all discoms in the state This is despite the fact that energy minister AK Sharma and top UPPCL bosses have been emphasising the need for recovering revenue that matches the cost at which power is supplied. The UPPCL’s average power supply cost is around ₹6 per unit but against it the corporation gets much lower through rate resulting in heavy losses. “Overall, UPPCL’s per unit realisation rate decreased by 9.17% or by 34 paise up to June this year vis-a-vis the same period of 2023,” an energy department official said.
History of this topic
Proposed privatisation: Power men in U.P. to wear black armbands in protest
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'Congratulations': UP energy minister lauds discom employees after state supplies highest electricity in history
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