State electricity regulator must track CSPGCL negative FCA
State electricity regulator review of CSPGCL’s March 2026 fuel-cost filings could decide whether consumers actually receive the benefit of lower-than-approved fuel costs. FORMAT-I filings show three major coal stations recording negative FCA. State electricity regulator data shows HTPS with tariff ECR of Rs. 1.595/kWh and actual ECR of Rs. 1.420/kWh, resulting in negative FCA of Rs. 8.52 crore. KWTPP recorded negative FCA of Rs. 5.26 crore, while ABVTPS recorded negative FCA of Rs. 2.35 crore. Together, these three stations produced Rs. 16.13 crore of consumer-favourable adjustment. EnergylineIndia.com highlights this update for readers tracking News on Indian power sector and DISCOMs Latest News. DSPM partially offset the benefit with positive FCA of Rs. 2.80 crore, leaving net negative FCA of Rs. 13.33 crore. State electricity regulator scrutiny is important because FCA benefits are normally passed through in later billing cycles, not refunded directly. Coal quality played a major role at HTPS and KWTPP, where better GCV helped reduce effective fuel cost despite higher landed coal price. State electricity regulator review should track timing, billing adjustment and cumulative FCA settlement. State electricity regulator oversight will determine whether the Rs. 13.33 crore benefit reaches consumers, state Electricity Regulator, Fuel Cost Adjustment, CSPGCL, CSERC, Power Regulator, Power Regulator.












