Punjab State Power Corporation made Rs 900-crore profit, chairman tells CM Mann during live interview indianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indianexpress.com Daily Mail and Mail on Sunday newspapers.
After an assurance by the state government to clear Rs 1,800 crore per annum for next five years, Punjab State Power Corporation Limited (PSPCL) has been granted a loan of Rs 9,641 crore for the installation of smart meters.
Despite getting subsidised power worth crores of rupees, ghost consumers continue to cause huge losses to Punjab State Power Corporation Ltd (PSPCL). While the corporation has managed to check some pilferage, it continues to incur huge transmission loss.