POWER

Reducing power tariff a right move, not free electricity: Punjab power sector experts

With Delhi Chief Minister Arvind Kejriwal announcing up to 300 units of free electricity if comes to power in Punjab, the state’s electricity sector experts on Tuesday said this move can put an additional financial burden of Rs 4,000-Rs 5,000 crore on the state exchequer.

They further said that rather than offering freebies to power consumers, the political parties should focus on reducing tariffs and reviewing power purchase agreements.

The Aam Aadmi Party’s National Convener Kejriwal on Tuesday promised up to 300 units of free electricity for each household in Punjab if his party is voted to power in the state.

He also promised 24-hour power supply in Punjab and waiver of pending domestic electricity bills if his party formed the government in the 2022 assembly elections.

Already, Punjab is bearing a financial burden of over Rs 10,000 crore annually on account of subsidised power.

“It (the announcement of giving 300 units to each household) is totally a wrong move,” said B S Sran, former chairman and managing director of the Punjab State Power Corporation Ltd.

This announcement is aimed at only to get votes, he added.

Source
ET Energy World
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