Rain gain: Rs 177-crore for PSPCL in two weeks
Due to the recent spells of rain and planning by the Punjab State Power Corporation Limited (PSPCL), the state earned over Rs 177 crore in the first two weeks of June.
Usually facing power outages and shortfall during the peak summer season, the PSPCL made crores per day at an average daily selling rate of power ranging between Rs 6.75 and Rs 9.08 per unit.
During this month (up to June 13), the PSPCL sold surplus 234 million units through power exchange for more than Rs 177 crore. “The first six days of June saw power sale worth Rs 23 crore, Rs 24.6 crore, Rs 26.1 crore, Rs 20 crore, Rs 17.75 crore and Rs 20.3 crore, respectively,” said a top PSPCL official.
