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Power tariff in Punjab set to rise by minimum 11%
The estimated power tariff in Punjab is going to increase by minimum 11% (63 paise per unit) to cover the projected revenue gap of Rs.2595 crore for the year 2014-15 only. The current average tariff of 577.75 paise per unit will increase to 640 paise per unit.
Punjab State Power Corporation Limited (PSPCL) has filed the tariff petition for the year 2014 -15 before Punjab State Electricity Regulatory Commission (PSERC) projecting the total revenue gap of Rs.15550 crore. The projected revenue gap of Rs.2595 crore for 2014-15 has increased more than 3 times from the corresponding gap of Rs.782 crore for the current financial year.  

PSPCL has assessed the net revenue requirement of Rs.25350 crore for the next year whereas revenue available based on current years tariff will be Rs.25755 crore leaving gap of rS.2595 crore. The pending gap from previous year is Rs.12960 crore.

The cost of power purchase in 2014-15 has been assessed as Rs.9247 crore and increase of 1542 crore from this year’s level. The employees cost has also jumped surprisingly by more than 1044 crore from Rs. 4306 crore to Rs.5350 crore. The fuel cost has increased by more than 10 % to Rs.4997 crore.

PSPCL has assessed an increase of 9.24% in total metered supply and expected supply for year 2014-15 will be 29176 million units (MU).The increase in domestic and commercial supply has been projected more than 12.2%.The growth in agriculture supply is 5% and 11586 MU will supplied in 2014-15.A good monsoon can reduce the agriculture supply demand. The total sale of power within state will be 41180 MU.

The projected gross power generation from Ropar thermal plant is 9500 MU, Lehra Mohabatt thermal plant is 6855 MU and Bhatinda thermal plant is 3172 MU. The total Hydel generation is expected to be 8961 MU including Punjab’s share in BBMB amounting to 4430MU.

The power demand is met by power purchase from centeral generating unit’s traders, co-generation plants and under banking arrangement. The expected power availability from Rajpura thermal is 5007MU,from Talwandi Sabo 7300MU and from Goindwal sahib 1137MU assuming annual plant load factor of 65%.

The power purchase by PSPCL  from Talwandi Sabo will be 1862MU ,Rajpura thermal (2661MU) and Goindwal Sahib (934MU).The total power purchase from all sources will be 22927MU.

The per unit cost from Talwandi Sabo and Goindwal has been assessed as 373 paise per unit and it is 348 paise per unit for Rajpura thermal.

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