PSPCL notifies new power rates from Nov 1

The Punjab State Power Corporation Limited (PSPCL) Tuesday issued a notification reducing the power tariff of domestic consumers with a load of 7 KW by Rs 3 per unit with effect from November 1. Nearly 70 lakh domestic consumers will benefit from the move that will cost the exchequer Rs 3,200 crore annually.

In a statement issued here today, A Venu Prasad, CMD PSPCL said for up to 100 units of consumption (up to 2KW), the power tariff will be Rs 1.19 per unit, while it will be Rs 1.49 per unit for (2 KW and Upto 7 KW). For consumption between 101-300 units, the tariff will be Rs 4.01 and for above 300 units, it will be Rs 5.76 per unit.