The pre-election doles of the state government in terms of various relaxations in the power sector are bleeding Punjab State Power Corporation Limited (PSPCL), which has to rely on loans to manage its working.
As per latest data, of the Rs 17,800-crore subsidy required to be paid by the Punjab Government, around Rs 10,284 crore was payable by the end of October 2021, but only Rs 5,647 crore had been paid while Rs 4,637 crore was pending.
