The Punjab industry has asked for timely announcement of power tariff for the financial year 2022-23, so that they can plan out their manufacturing expenditure well in time.
The matter was highlighted in the objections filed before the state’s power regulator – Punjab State Electricity Regulatory Commission (PSERC), which is in the process of finalising power tariff for the upcoming financial year.
State power utility – Punjab State Power Corporation Limited (PSPCL), which is supposed to file replies to the objections, has shifted the onus on to the PSERC as the declaration of tariff is the prerogative of the power regulator, as per the Electricity Act 2003.
