The opposition SAD on Wednesday alleged that private power thermal power companies were given "undue benefit" of Rs 1,400 crore by the Congress-led government in Punjab and sought an independent probe into the matter.
Shiromani Akali Dal chief Sukhbir Singh Badal alleged that the government practised deliberate laxity in pursuing disputes with private players.
SAD demands an independent probe into the undue benefit of Rs 1,400 crore given to private thermal plant managements and an additional benefit of Rs 1,100 crore expected to be given on account of coal washing charges which had been falsely claimed by them, Badal said in a statement here.
Through the washing process, impurities like ash, soil, rock are removed from coal.
Badal accused the state government of not pursuing the case against release of coal washing charges to private plants appropriately in the Supreme Court that had directed the state-owned power utility Punjab State Power Corporation Limited (PSPCL) last year to pay coal washing charges to a private thermal plant management.
This is a case of match fixing. It is because of this underhand deal with the private plants that the state will have to pay Rs 2,500 crore to them despite the fact that during the previous SAD-BJP government, the case was properly pursued and the contention of the private plants was rejected both by the state power regulator Punjab state electricity regulatory corporation (PSERC) and Appellate Tribunal for Electricity (APTEL), claimed Badal.
Badal dared the Amarinder Singh-led government to cancel the power purchase agreements signed with two private thermal plants.
The dispute between PSPCL and private power plants arose after the latter sought coal washing charges from the state power utility. Though the PSERC and the APTEL ruled in favour of PSPCL, the apex court ruled in favour of private thermal plants.
Power rates in Punjab increased by 36 paise a unit from January 1 for domestic consumers on account of coal washing charges.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
