Punjab News Powercom to refund Rs 334 cr to consumers


Prime VIP
Patiala, June 25

The management of Punjab State Power Corporation Limited (Powercom) has announced that following the directions of Chief Minister Parkash Singh Badal, Powercom has decided to make immediate refund of the amount recovered from different categories of non-agricultural consumers for the period April 1, 2009 to September 8, 2009 on account of enhancement effected in the tariff order for 2009-10.

According to Powercom CMD KD Chaudhry, the said amount worked out to be about Rs 334 crore and the state government had agreed to compensate Powercom by refunding this amount in six monthly instalments.

All bills, which would be issued today onwards, would be credited with the refund for April to June 2009 and thereafter monthly/bi-monthly bills would be credited with the refund for the remaining period, Chaudhry added.