📷 Image: Wikimedia Commons / Reenmert
Business
Power Crisis in Punjab Costs Mohali Industries Rs 100 Crore, PSPCL CMD Sacked
✍️ India Today
🗓 15 Sep 2026, 04:31 AM
👁 8
A severe power shortage in Punjab has forced factories in Mohali to halt operations, resulting in an estimated loss of Rs 100 crore, and led to the removal of the Punjab State Power Corporation Limited chief.
The ongoing electricity shortfall in Punjab has hit the industrial belt of Mohali hard, with several manufacturing units reporting forced shutdowns due to unreliable supply. The power crunch, attributed to grid constraints and delayed fuel deliveries, has disrupted production schedules across the region.
Industry bodies estimate that the stoppage has caused a direct financial hit of roughly Rs 100 crore to the affected businesses. The loss figure reflects reduced output, idle machinery and the cost of emergency power arrangements.
In response to the escalating crisis, the state government has taken the unusual step of replacing the chief managing director of Punjab State Power Corporation Limited (PSPCL). The leadership change is aimed at accelerating remedial measures and restoring stable power to the industrial sector.
Authorities have pledged to prioritize the restoration of supply lines and to explore short‑term solutions, while a longer‑term plan to upgrade the grid is expected to be drafted in the coming weeks.
Industry bodies estimate that the stoppage has caused a direct financial hit of roughly Rs 100 crore to the affected businesses. The loss figure reflects reduced output, idle machinery and the cost of emergency power arrangements.
In response to the escalating crisis, the state government has taken the unusual step of replacing the chief managing director of Punjab State Power Corporation Limited (PSPCL). The leadership change is aimed at accelerating remedial measures and restoring stable power to the industrial sector.
Authorities have pledged to prioritize the restoration of supply lines and to explore short‑term solutions, while a longer‑term plan to upgrade the grid is expected to be drafted in the coming weeks.