Tariff relief for industry fails to bring cheer - Mandi Gobindgarh News

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Monday, June 10, 2019

Tariff relief for industry fails to bring cheer

Tariff relief for industry fails to bring cheer

Kuldip Bhatia

Ludhiana, June 9

The Punjab State Power Corporation Limited (PSPCL) has announced continuation of concessional power supply to all categories of industrial consumers — large supply, medium supply and small power — for consumption of power exceeding the threshold limit of the last two years.

For the current financial year (2019-20), the reduced energy charge for consumption beyond the threshold limit would be Rs 4.45 per kVAh.

However, the industry does not seem very upbeat about the concession as not many industrial units were in a position to consume surplus power due to prevailing recessionary trends.

Complying with the directions of the Punjab State Electricity Regulatory Commission to continue with the policy of encouraging the industry to promote the productive use of surplus power by offering lower rates for consumption of power over and above the threshold limit of previous two years, the PSPCL has issued a commercial circular to this effect.

A senior official said power consumed through the PSPCL would be the sole criteria to calculate maximum annual consumption in any of the last two financial years and also to calculate consumption eligible for reduced energy charges. “If the period of annual consumption is less than two financial years (like for connection released after March 31, 2017), the facility of reduced energy charges will not be available,” it was stated.

According to the official, any change in load or contract demand either during the last two financial years or during the current financial year (2019-20), would not be taken into consideration while calculating the threshold limit or consumption eligible for reduced energy charge. The billing at the reduced energy charge would be done once the consumer crosses the threshold consumption.

It was also made clear in the circular that cumulative effect of “time of day” (ToD) rebate and voltage rebate on the energy charges, including reduced energy charges for consumption exceeding the threshold limit, at any time would be limited to the lowest energy charge of Rs 4.45 per kVAh.

Giving thumbs down to the concessional power supply beyond threshold limit, Badish Jindal, president of the Federation of Punjab Small Industries Associations, said only a small fraction of industry was currently using power to its capacity while in most others total consumption was less than connected load.

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