The Punjab government is preparing to bring a legislation in Vidhan Sabha session to re-determine state’s purchase price for two private power plants — Nabha Power Limited (NPL) and Talwandi Sabo Power Limited (TSPL).
With the legislation, the government plans to take remedial measures so that the power is sold by these power plants to the state at cheaper prices.
As the power plants have been charging high prices, the end consumer has been at the receiving end, paying for electricity through the nose. The Congress had in its pre-poll promises ahead of 2017 Assembly elections said that it would terminate the controversial Power Purchase Agreements (PPAs).
