As power surplus is putting ´heavy´ financial burden on energy utility Punjab State Power Corporation Limited (PSPCL) due to lack of sale, Punjab State Electricity Regulatory Commission (PSERC) has worked out Rs.2,075 crore financial impact for surrendering excess energy for 2016-17.
Asking PSPCL to sell additional power to reduce fiscal burden, PSERC has also announced measures to boost power consumption and reduce financial impact.
PSPCL, in its annual revenue return for 2016-17, has projected 18,124 million units of surplus power from central generating stations and independent power producers (IPP) in the state for 2016-17 which is to be surrendered.
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