PSPCL: There was a 48 per cent discount in energy buy
New Delhi:
The Punjab State Energy Company Ltd (PSPCL) has made a revenue of Rs 564.76 crore for interval ending September as towards a lack of Rs 1,880.25 crore within the year-ago interval.
Beneath the Aam Aadmi Social gathering (AAP) authorities led by Chief Minister Bhagwant Mann, the well timed reimbursement of Rs 12,342 crore subsidy to PSPCL helped significantly, in accordance with an announcement.
The Punjab authorities’s help was important for PSPCL to attain the revenue of 564.76 crore. The state authorities’s function was instrumental in amplifying the ability firm’s income surge and tariff changes.
PSPCL took a number of measures to make sure that energy buy price stays below test, the assertion mentioned. It ensured 19 per cent extra technology from state-owned thermals at Lehra Mohabbat and Ropar on account of availability of cheaper coal from its Pachhwara coal mine.
It generated 21 per cent extra energy from personal hydel vegetation; 14 per cent extra technology from BBMB hydel vegetation, and 13 per cent extra banking of energy with different states.
There was a 48 per cent discount in energy buy by way of quick time period and buy from change.
No imported coal was used on the state thermal vegetation in Ropar and Lehra Mohabbat on account of operationalisation of the Pachhwara coal mine. A miniscule quantity of imported coal was used at non-public thermals at Rajpura and Talwandi Sabo.
PSPCL’s sale of energy in change was value Rs 924 crore from April to September 2023 towards Rs 293 crore from April to September 2022.
The facility buy from change was value Rs 1,138 crore at a mean price of Rs 4.59 per unit in 2023, as towards Rs 1,914 crore at Rs 5.54 per unit in 2022. Transmission and distribution losses have diminished by 1 per cent.