power tariff hike

Eating out is set to become significantly more expensive as commercial LPG prices have surged by nearly Rs 1,000 per cylinder. Bengaluru hoteliers are compelled to hike menu prices by approximately 10% due to this steep increase, which follows two previous hikes in recent months. This development poses a considerable challenge to the hospitality sector.

Electricity prices in Delhi are set to rise as the Appellate Tribunal for Electricity ordered the DERC to liquidate over Rs 38,500 crore in regulatory assets. This accumulated debt, stemming from unrecovered costs since 2007 due to unchanged tariffs, will be recovered from consumers over seven years through a surcharge.

Iran reportedly used a Chinese-built spy satellite, TEE-01B, to monitor US military bases in the Middle East during recent conflicts. Leaked documents suggest the Islamic Revolutionary Guard Corps utilized the satellite for targeting and assessing strike success. China denies providing military support, calling the accusations fabricated.

Jharkhand State Electricity Regulatory Commission (JSERC) has approved a 40% power tariff hike for DVC-served areas for 2026-27, a reduction from DVC's proposed 45%. While domestic low-tension consumers see a slight drop, commercial and high-tension consumers, along with industries, face significant increases. A green energy tariff and rebates for timely payments and prepaid metering have also been introduced.

S&P Global in its latest report titled India's Strong Fundamentals Would Cushion The Blow Of An Oil Shock says India is equipped to handle some strain. The report assumes a base case scenario of oil prices at an average of $130 per barrel for 2026 and $100 in 2027.

AIADMK leader Edappadi K Palaniswami vowed to revive party schemes if elected, accusing the DMK government of stalling them. He expressed confidence in his alliance's victory in the upcoming Tamil Nadu assembly elections. Meanwhile, prominent leaders from AIADMK, BJP, and PMK filed their nominations across various constituencies, engaging in electoral campaigning and criticism of the ruling DMK.

Starting April 1, residents of Jharkhand will face a 6.12% increase in power tariffs. Urban domestic consumers will see their rates jump by Rs 0.55 to Rs 7.4, while rural areas will experience a rise of Rs 0.5, reaching Rs 7.2.

Discoms Project Loss Of ₹4.4k Cr; Public Hearings, Wide Consultations On Tariff Held

Delhi's power tariffs are poised for an increase from April 1, marking the first hike in over a decade. The Delhi Electricity Regulatory Commission (DERC) is expected to order the recovery of over Rs 38,500 crore in accumulated regulatory assets. This will be achieved through a higher surcharge on power bills, with recovery planned over seven years.

Odisha Electricity Regulatory Commission (OERC) has kept retail power tariffs unchanged for the 2026-27 financial year, marking the fifth consecutive year without a hike. This decision offers relief to domestic and industrial consumers, with new incentives like rebates for pre-paid users and discounts for e-bills.

In a notabledecision for residents, Bihar's electricity consumers can breathe easy as there will be no tariff increases for the upcoming 2026-27 financial year. The Bihar Electricity Regulatory Commission (BERC) turned down any plans for hikes, ensuring stability for 2.22 crore households. Furthermore, while assessing the needs of power distribution companies, the commission has prioritized keeping consumer costs in check.

What does this latest disruption mean for the growth prospects of Asian economies that are in large part dependent on oil and energy imports. Since the start of the Middle East conflict, passage of ships through the Strait of Hormuz has been curtailed.