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Power to cost more in Punjab from October

Be ready to pay more for power as Punjab State Power Corporation Limited set to impose fuel surcharge of nine paise per unit from next month.



Chandigarh: Be ready to pay more for power as Punjab State Power Corporation Limited set to impose fuel surcharge of nine paise per unit from next month.

"Fuel surcharge of 9 paise per unit will be imposed on all categories of consumers from October 1," a senior official of Punjab State Power Corporation Limited (PSPCL) said on Tuesday.

The fuel surcharge which is also called fuel cost adjustment will be levied for the period during October and December, he said.

"The fuel surcharge is going to be levied on account of hike in coal cost and power purchase cost which is required to be collected from power consumers," he said.

PSPCL has around 70-72 lakh customers comprising domestic, industry and farm categories.

For 2013-14, power regulator Punjab State Electricity Regulatory Commission had raised the power tariff on an average by 9.06 percent across all categories in April this year.

Maximum hike in power tariff was made in the category of industry as the Commission raised tariff by up to 12.83 percent for small, medium and large supply industries.

Farm sector was largely spared from big increase in tariff as electricity rates for Agricultural Pumpsets (AP) category was raised by only 1.67 percent.

Notably, the Punjab government bears the entire financial burden on account of free power supply to farmers, a major vote bank for SAD party.

PTI

From Zee News

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