DEE Development Engineers Limited has informed the Exchange regarding a press release dated April 01, 2026 about the outcome of order of Hon'ble PSERC revising the Tariff of supply of electricity by its Wholly Owned Subsidiary M/s Malwa Power Private Limited from Rs. 3.50 per kWh to Rs. 5.227 per kWh with an annual escalation of 5% on variable tariff.".

The Punjab State Electricity Regulatory Commission (PSERC) has issued an order dated March 27, 2026, determining a new tariff of Rs. 5.224 per kWh for the 6 MW biomass power plant of DEE Development's wholly owned subsidiary, Malwa Power Private Limited (MPPL). This represents a 49.3% increase from the previous interim tariff of Rs. 3.50 per kWh. The plant, commissioned in 2005, had completed its initial 20-year PPA period and was operating under an extended 10-year term. The company will also recover approximately Rs. 5.80 Crores in differential payments for electricity supplied between May 2025 and February 2026. With the new tariff and 85% plant load factor, projected annual revenue for FY 2026-27 is around Rs. 24.31 Crores from power generation alone. A complementary biomass pellet plant is expected to add another Rs. 23.40 Crores annually.