The latest power bills sent to the industrial units across Punjab have come as a shock for the owners of the small and medium scale industries with the cost of power escalating up to Rs 10.5 a unit, causing a financial dent to them.
Power consumers in Punjab are set to get relief from high tariffs in the next financial year as the state will start getting low-cost fuel to generate electricity from a captive coal mine from next year, which will reduce its costs by 60%.
The Punjab government has decided to restart operations at two thermal units of Ropar power plant to meet the state’s rising demand.
The sultry weather conduction prevailing across the region has further pushed the power demand in Punjab and Haryana forcing the two states to resort to overdrawal from the northern grid to meet the highest demand for electricity ever.
As rains take a break, demand for power has again skyrocketed in Punjab. As on Sunday the state was consuming around 11117 MW of power forcing the Punjab State Power Corporation Limited (PSPCL) to fire up all state owned thermal units.
Punjab State Power Corporation Limited (PSPCL) has to pay Rs 446.27 crore to private thermal power plants in Punjab for a period of 10 months (April 1, 2017 to January 31, 2018) for undrawn power (not drawing any electricity).
Aiming to use paddy straw and agriculture waste to produce animal feed and coal, the Punjab government has decided to attract private investment in the state in the coming two years. The state government is working to woo private players in setting up 160 biomass processing plants in the state.
With the start of paddy transplanting in Punjab, the state has witnessed a 33% increase in the demand for power compared to the previous year.
The government is committed to free Punjab from pollution due to stubble burning and every possible effort is afoot for the same, state minister Gurpreet Singh Kangar said. Punjab Energy Development Agency (PEDA) is serious on the issue and is working consistently in this direction, the Minister of Power and Renewable Energy said.
With only two weeks to go for paddytransplantation, coalshortage has hit the private power generation companies (gencos) in Punjab, forcing shutdown of a 700 MW unit at the Rajpura thermal power plant.