In 5 yrs, fund-starved power utility spent `1,000 cr on repairing faulty transformers
Overloaded transmission lines and distribution transformers have wreaked havoc on the operational efficiency and financial health of the fund-starved Punjab State Power Corporation Limited (PSPCL), a performance audit of the state utility has revealed.
Sample this: The power utility spent nearly Rs 1000 crore on repairs of overloaded transformers even as the load on transmission lines increased by three times the norm between 2015 to 2020.
The performance audit has blamed the PSPCL management for not taking immediate remedial steps to keep the load within prescribed limits thereby resulting in the utility suffering heavy financial losses.
