Growing from strength to strength, Punjab State Power Corporation Limited (PSPCL) has undertaken several steps to help the state achieve the feat of becoming a power surplus state. While sharing the details of this journey, Baldev Singh Sran, Chairman-cum-Managing Director, PSPCL, talks about the success of corporation’s digital payment initiative and other innovative steps underway, in conversation with Priya Yadav of Elets News Network (ENN).
From a power deficit State to a power surplus State – how has been the journey and what has brought about this transformation?
From the days of scheduled power cuts, regulatory measures, weekly off-days, peak load restrictions, Punjab has become a power surplus state with the coming up of three Independent Power Producers (IPPs), namely NPL, TSPL and GVK. Punjab State Power Corporation Limited (PSPCL) has successfully met the highest ever demand of this season (2018) of 12,556 MW, in comparison to 11,705 MW of previous year and provided uninterrupted power supply. PSPCL has surpassed its own record of highest ever energy supplied during a day with the supply of as high as 2,749 LUs of energy within state on August 4, 2018, and in addition, sold six LUs in power exchange. Due to surplus capacity, we are able to bank energy during non-peak season that is utilised during paddy season, and this year 1950 MW of banking power was made available.
What is the status of power supply in Punjab after the State become power surplus?
PSPCL is successfully providing eight hours of daily power supply to the agriculture sector in paddy season and uninterrupted power supply to all categories of consumers, including industry. There is no power cut for any category of consumer. Power regulatory measures such as restrictions, weekly off-days, etc are also a thing of the past. In addition to this, PSPCL is selling surplus power.
What digital initiatives have been taken up and how are they helping in streamlining the system?
PSPCL consumers are allowed to make payment of electricity bills by using Internet Banking, various credit cards, debit cards, Rupay Card, cash cards/ mobile wallets through payment gateways of Billdesk, PayU and direct integration via Paytm and BBPS (NPCI, GOI). Facility of RTGS/NEFT payments through SBI is also made available to PSPCL consumers.
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