Rs 1,000 cr losses per yr owing to power theft


Rs 1,000 cr losses per yr owing to power theft

Politically sensitive constituencies of Amritsar, Bathinda and Patiala are the top defaulters when it comes to power theft that causes a loss of over Rs 1,000 crore per annum to Punjab.

In the past one year, majority of power theft cases have been detected in these three divisions by Punjab State Power Corporation Limited (PSPCL) with fine of Rs 88.3 crore imposed on defaulters.

Power theft in parts of Punjab is one of the major causes behind distribution loss to the PSPCL that stood at 14.19 per cent for 2017-18. “As per initial estimates, the loss to the state has been pegged at Rs 1,000 crore per annum,” claims PSPCL top brass. Read More

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