UCPMA demands reduction in power tariffs

UCPMA demands reduction in power tariffs

Members of the United Cycle and Parts Manufacturers Association (UCPMA) wanted the Punjab government to take immediate steps to reduce power tariffs as charged by Punjab State Power Corporation Limited (PSPCL) from industrial consumers.

Government may auction power contracts with coal supplies

Government may auction power contracts with coal supplies

The government plans to auction power supply contracts with attached coal supplies, ease norms to allow coal usage for short-term power contracts and put in place a payment mechanism to help power projects recover dues in time from state electricity distribution companie