New Delhi, May 21 (IANS) Vedanta Limited on Thursday informed stock exchanges that the Supreme Court of India has ruled against its subsidiary Talwandi Sabo Power Limited (TSPL) in a case related to alleged misdeclaration of power availability, resulting in a penalty payout of nearly Rs 127 crore along with applicable late payment surcharge.In a regulatory filing, Vedanta said it had received a disclosure from TSPL regarding a judgment dated May 20, passed by the apex court in appeals filed by P…
Latest Punjab State Electricity Regulatory Commission News & Updates
Chandigarh, March 9 (IANS) Punjab BJP President Sunil Jakhar on Monday exposed what he described as a conspiracy by the state AAP government to financially bankrupt the Punjab State Power Corporation Ltd (PSPCL). Jakhar explained to the media here, with supporting facts, how the government is misleading the people of Punjab by showing the power corporation moving from loss to profit on paper. In reality, he said, the government is pushing this institution towards financial failure and eventual p…
Chandigarh, March 6 (IANS) In a major relief for households, businesses and industries across Punjab, electricity tariffs were reduced on Friday across consumer categories, bringing down power rates by up to Rs 1.5 per unit for domestic consumers, up to 79 paise per unit for commercial users and up to 74 paise per unit for industrial units. The new tariff, issued by the Punjab State Electricity Regulatory Commission chaired by Viswajeet Khanna, will come into effect from April 1 to March 31, 202…