Centre tells Punjab to release revised power tariff at earliest

The Union power ministry has told the Punjab State Electricity Regulatory Commission (PSERC) and state additional chief secretary (power) to finalise the tariff for the current financial year at the earliest.

PSERC held its last public hearing in the last week of April, but it is yet to announce the tariff for the current fiscal.

Twenty states, including neighbouring Haryana and Himachal, have already declared their respective power tariffs for the current fiscal, while Punjab and some other states are yet to finalise the same. Reminding of its old directions, the Union ministry has sought completion of the process at the earliest.