Chandigarh, Feb. 11 -- Power engineers body has raised concerns over Punjab State Power Corporation Limited's Multi-Year Tariff (MYT) petition for the 2026-27 to 2028-29, alleging that key assumptions, particularly on distribution loss reduction, are technically unfeasible and financially misleading. The revised petition seeks no tariff hike by revising the power losses. The PSERC has directed PSPCL to issue a fresh public notice inviting objections and suggestions on the revised ARR and has sought additional data to justify the revised projections. PSPCL had originally filed its MYT petition on November 28, 2025, before the Punjab State Electricity Regulatory Commission (PSERC), proposing a gradual reduction in distribution losses from 12.75% in FY 2026-27 to 12.20% by FY 2028-29, citing prevailing field conditions and operational realities. However, in a revised aggregate revenue requirement (ARR) filing submitted on February 4, 2026, PSPCL reduced the projected distribution losses to 10% for FY 2026-27, implying an abrupt reduction of 2.75 percentage points in a single year. Power engineers' association have termed this projection 'unprecedented and unrealistic,' and said that such a steep reduction has no historical precedent, nor is it supported by existing infrastructure or system-level interventions. According to the association, the revised loss trajectory appears designed to project a reduction in power purchase costs exceeding Rs.5,200 crore over the three-year MYT period.htc...