The Uttar Pradesh Electricity Regulatory Commission (UPERC) has notified the Multi Year Tariff (MYT) Regulations, 2025 for transmission businesses, marking a new phase in tariff determination from April 1, 2025, for a five-year period.
The new regulations supersede the 2019 MYT framework, focusing exclusively on the transmission sector, including State Transmission Utility (STU) and Transmission Licensees governed under Section 62 of the Electricity Act, 2003.
🔑 Key Highlights of the UPERC MYT (Transmission) Regulations, 2025:
📌 Scope and Applicability
- Applicable across Uttar Pradesh.
- Covers STU, Transmission Licensees, and TBCB licensees (as per certain clauses).
- Dedicated transmission lines for existing generators may also fall under its scope, depending on Commission orders.
📆 Effective Date & Duration
- Comes into force April 1, 2025, and remains valid for 5 years unless reviewed earlier.
🧾 Petition Filing Framework
📅 Annual Filing Schedule:
Licensees must submit petitions by November 30 each year for:
- True-Up (past year),
- Annual Performance Review (APR) (current year),
- ARR & Tariff Proposal (ensuing year).
Table 1: Example of Filing Timelines
| Filing Date | True-Up | APR | ARR/Tariff |
| 30.11.2024 | FY 23–24 | FY 24–25 | FY 25–26 |
| 30.11.2025 | FY 24–25 | FY 25–26 | FY 26–27 |
| … | … | … | … |
- For FY 2023–24 and FY 2024–25, filings follow the 2019 Regulations.
- Filings are to be done through UPERC’s e-filing portal, digitally signed and Board-approved.
- Capital investment without prior Commission approval is excluded from ARR.
📂 Required Documents and Information
Transmission licensees must provide:
- Forecasted network usage and capacity additions.
- Capital investment & financing plans.
- Projected revenue, non-tariff income, and transmission losses.
- Performance reviews with provisional financials and actual achievements.
🧾 Special Provisions
- Uttar Pradesh Power Transmission Corporation Ltd. (UPPTCL), as STU, will file a single petition until STU responsibilities are transferred to a separate entity.
- Filing fees are exempt for UPPTCL until this transition.
📌 Repeal and Transition
- The 2019 MYT Regulations are repealed, except for true-ups and APRs for earlier periods.
💬 Conclusion
The 2025 MYT Regulations signal a more structured, transparent, and predictable framework for tariff setting in Uttar Pradesh’s power transmission sector. Stakeholders must align their filings and investment planning with the new timelines and procedural requirements to ensure regulatory compliance.