Lawstreet Journal

PSPCL Demands Fixed Charges, Industry Contemplates Moving Court Of Law

Lawstreet Journal 14 May 2020 2:48am

Image courtesy: Lawstreet Journal Executive PSPCL Demands Fixed Charges, Industry Contemplates Moving Court Of Law

The government in April had announced that no fixed charges would be levied on medium and large units for two months starting from March 23, 2020. However, industries rued that the Punjab State Power Corporation Limited (PSPCL) is demanding them in installments while further accusing the state governments of befooling the industry on the waiver of fixed charges on electricity bills. 

A webinar was conducted by the Furnace Alliance, Ludhiana, and PSPCL chairman-cum-managing director (CMD) Baldev Singh that had stated explicitly that fixed charges have not been waived but have been deferred. 

The head of Bahadurke Road Textile and Knitwear Association, Tarun Jain Bawa stated, “The industry feels cheated as chief minister Captain Amarinder Singh had announced relief in terms of fixed charges, but now the PSPCL is demanding them in installments. The industry is on the brink of closure and the state government is pushing it deeper into crises.”

Criticizing and slamming the state government for not providing any kind of relief, the furnace owners said that they would move the Punjab and Haryana High Court. The president of Furnace Alliance Mahesh Gupta commenting on the same stated, “We are left with no other option than to move court or we will have to hand over the keys of our factories to the government. The Punjab government has failed to provide any relief, rather hefty bills are being sent to the industry at this time of crisis. The government purchases power at Rs. 3 per unit and provides the same at Rs.… Continue Reading...


Tagged: Electricity  
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