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HPSEBL posts record INR 300 crore profit on higher power sales and reforms

#Taxation & Finance News#India
Last Updated : 13th Jan, 2026
Synopsis

Himachal Pradesh State Electricity Board Limited has reported a record profit of INR 300 crore till December 31, 2025, driven by higher power sales and sector reforms. The improved performance follows policy changes, grid modernisation, and the introduction of the Himachal Pradesh Electricity Grid Code to enhance reliability and efficiency. The state is rolling out smart meters in key cities, strengthening manpower with over 2,100 new engagements, and upgrading infrastructure in remote and tribal regions. Investments in substations, transmission lines, and off-grid solar projects aim to ensure stable power supply. Improved electricity availability is expected to support housing, commercial activity, tourism, and overall economic growth across Himachal Pradesh.

Himachal Pradesh State Electricity Board Limited (HPSEBL) has reported a record profit of INR 300 crore till December 31, 2025, driven by higher power sales and operational reforms, Chief Minister Sukhvinder Singh Sukhu said on Sunday. The performance marks a notable improvement compared to a profit of INR 206 crore recorded during the same April-December period in the previous financial year.


The chief minister attributed the increase in earnings to policy reforms and administrative changes introduced by the state government. He said efforts to modernise the power sector and strengthen systems have played a key role in improving the board's financial position.

To upgrade the electricity infrastructure and align operations with national benchmarks, the state government introduced the Himachal Pradesh Electricity Grid Code. According to Sukhu, the new framework has helped enhance grid security, transmission efficiency, and overall system reliability, supporting stable power supply across the state.

As part of its focus on technology-driven reforms, HPSEBL is installing around 150,000 smart meters in Shimla and Dharamshala. These meters will allow consumers to monitor electricity usage in real time through mobile applications, helping households better manage daily consumption and billing. The initiative is expected to support more efficient energy use in urban areas and improve transparency for consumers.

The chief minister also announced the approval of more than 2,100 new engagements within HPSEBL to address long-standing manpower shortages. This includes the recruitment of 1,602 Bijli Upbhogta Mitras and 500 T-Mates. These appointments are aimed at strengthening ground-level operations, speeding up repairs, and ensuring faster restoration of power supply, particularly during natural disasters.

Sukhu said a stronger workforce is essential for maintaining uninterrupted electricity, especially in a state prone to weather-related disruptions. Improved response time and infrastructure maintenance are expected to benefit both residential and commercial consumers.

Special emphasis is also being placed on improving power supply in tribal and remote regions. In the Killar Valley, power projects worth INR 62 crore are under implementation. This includes spending of INR 5 crore on laying an 11 KV line from Tindi to Shaur and INR 45.50 crore on a 33 KV line from Thirot to Killar. These projects aim to improve connectivity and reliability in difficult terrain.

In addition, 148 households in remote areas of Kaza have been provided with 1 kW solar off-grid power plants. These installations cover villages such as Mud, Langza, Hikkim, and Kaumik, offering reliable electricity access where grid extension is challenging.

Looking ahead, the government plans to strengthen substation infrastructure to support growing demand. Six new 33 KVA/11 KVA substations will be constructed in Kangra district in the next financial year. These will be located in Ganog (Nurpur), Karla Kotla (Dehra), Majheen (Jwalamukhi), Moki (Indora), Samloti (Nagrota Bagwan), and Ther (Jwalamukhi).

Improved power availability and grid reliability are expected to support residential development, commercial activity, and tourism-led growth across the state. With sustained investment in electricity infrastructure, Himachal Pradesh aims to meet rising energy needs while supporting long-term economic and real estate development.

Source: PTI

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