📷 Image: Wikimedia Commons / Satdeep Gill
Business
Punjab Power Purchase Costs Soar to ₹2480 Crore Amidst Weather Woes
🗓 27 Jun 2026, 05:32 AM
👁 4
Punjab State Power Corporation Limited (PSPCL) has incurred significant costs, purchasing electricity worth ₹2480 crore since April due to adverse weather conditions. The average purchase rate has been ₹11 per unit.
Punjab State Power Corporation Limited (PSPCL) has faced substantial financial strain this year, largely attributed to challenging weather patterns. Since April, the corporation has procured electricity amounting to a staggering ₹2480 crore.
This significant expenditure is a direct consequence of the prevailing weather conditions impacting the state. The average cost at which PSPCL acquired this power has been reported at ₹11 per unit, reflecting the high demand and potentially limited local generation.
The increased reliance on external power purchases underscores the difficulties faced by the power utility in meeting the state's energy needs under adverse climatic circumstances.
This significant expenditure is a direct consequence of the prevailing weather conditions impacting the state. The average cost at which PSPCL acquired this power has been reported at ₹11 per unit, reflecting the high demand and potentially limited local generation.
The increased reliance on external power purchases underscores the difficulties faced by the power utility in meeting the state's energy needs under adverse climatic circumstances.