Lucknow: Power consumers’ long wait to get the bank interest on their security deposits that they paid to the UP Power Corporation Ltd (UPPCL) while taking an electricity connection seems to be over now.
The UPPCL has finally set in motion the process of feeding the amount of the security deposits in official records and then start paying the same to them, albeit, in a staggered manner.
UPPCL managing director Pankaj Kumar has written to all the five state-owned discoms asking them to immediately start feeding consumer’s security deposit amount in computers and start adjusting the same in the electricity bills as per the formula chalked out by the Board of Director on July 29, 2021.
