Chandigarh, July 26 -- Residents vehemently opposed the proposed hike in electricity tariffs during a public hearing conducted by the Joint Electricity Regulatory Commission (JERC) on Friday. The hearing was held in response to a petition submitted by Chandigarh Power Distribution Limited (CPDL), seeking approval for revised tariffs for the financial years 2025-26 to 2029-30.

In its petition, CPDL stated that the projected revenue from power sales at the current rates is insufficient to meet the estimated costs of efficient electricity distribution. The utility company has projected a cumulative revenue gap of Rs.982 crore (excluding carrying costs) over the next five years and has requested a suitable tariff revision to cover the shortf...