03
Dec
National Times Bureau | The Punjab government owes over Rs 4,500 crore in pending subsidy, which has burdened the financial health of the Punjab State Power Corporation Limited (PSPCL), leading to reduced revenue collection efficiency and increasing aggregate technical and commercial (AT C) losses, a source-based report claimed on Saturday. If subsidies are not released on time, experts say this could mean higher power tariffs for consumers in the next fiscal year. Collectability drops sharply As per PSPCL's energy account report for the second quarter of this year, its revenue collection efficiency has nosedived to 73.29% as against…
