With the LS elections round the corner, the state government is in no mood to take any adverse action against power bill defaulters (both private and government departments) who have failed to clear dues totalling hundreds of crores. As a result, the Punjab State Power Corporation Limited (PSPCL) will have to carry forward the arrears into the next fiscal.
According to data procured from the PSPCL sources, the defaulting amount has risen to Rs 4,637 crore by February-end, which includes Rs 2,764 crore from government departments and Rs1,873 crore from other consumers. At the end of the financial year 2022-23 the defaulting amount was Rs 4,240 crore.
