Punjab power subsidy bill crosses ₹10k-crore
Punjab’s power subsidy default has touched a new high, with unpaid bills now crossing the ₹10,000-crore mark and pushing the Punjab State Power Corporation Limited (PSPCL) into a serious financial crunch.
For 2025-26, PSPCL has raised a subsidy bill of ₹14,700 crore and the state government, to date, has released approximately ₹8,700 crore, leaving ₹6,000 crore unpaid. In addition to it, there are two legacy instalments that are also yet to be cleared. One being ₹2,289 crore that was due by March 2025, and another ₹1,804 crore for the current fiscal, taking the cumulative unpaid subsidy-related burden well past ₹10,000 crore.
