Punjab State Power Corporation Limited To Spend Rs. 1611.43 Cr To Lessen Power Losses

Punjab State Power Corporation Limited (PSPCL) is eyeing to fortify power infrastructure mainly to lessen commercial as well as technical losses in 39 cities of Punjab by the next two year period (June 2015) that would result into an expenditure of around Rs. 1611.43 crore.

Around Rs. 48.31 crore would be spent in the city of Bathinda,  Rs. 77.72 crore in the city of Hoshiarpur, Rs. 210.86 crore in the city of Amritsar, Rs. 190 crore in the city of Jalandhar and Rs. 442.32 crore in the city of Ludhiana to diminish commercial plus technological losses.

On May 24, Mr. KD Chaudhry, Punjab State Power Corporation Limited (PSPCL) chairman stated that below the Restructured Accelerated Power Development and Reforms Plan, the corporation would slash power losses to around 15 per cent or even lower than this.

Mr. KD added that under the novel project, new power grids would be established, capacitance of old sub-stations augmented, old distribution transformers substituted by latest ones with extra load capacitance etc.

Chaudhry also said that load of sub-station transformer lines would be reduced to below 70%; electricity meters would be installed outside houses and new electricity cables laid.

The project would be finished by June 2015 and the work had already been granted to A2Z of Gurgaon, Larson &Tubro (L&T), and Godrej of Mumbai.

The power infrastructure upgrade in the city of Patiala had already been finished by Punjab State Power Corporation Limited (PSPCL).

The total cost spent in the city stood at Rs. 30 crore that had resulted into decline of electricity losses by around 22 per cent to 12 per cent, he claimed.