Power utility comes up with one-time settlement scheme : The Tribune India

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Power utility comes up with one-time settlement scheme

LUDHIANA: To provide a one-time opportunity to defaulting consumers, including government departments with running or disconnected supply, to get their default amounts settled, the Punjab State Power Corporation Limited (PSPCL) has launched the ‘one-time settlement’ (OTS) scheme.

Power utility comes up with one-time settlement scheme


Kuldip Bhatia

Ludhiana, June 19

To provide a one-time opportunity to defaulting consumers, including government departments with running or disconnected supply, to get their default amounts settled, the Punjab State Power Corporation Limited (PSPCL) has launched the ‘one-time settlement’ (OTS) scheme. Except for agriculture power (AP) or tubewell connections, all other categories of consumers will be eligible for the OTS. The scheme introduced by a commercial circular (32/2019 dated June 13, 2019) will remain open for six months (till December 12, 2019).

A senior PSPCL official said the OTS scheme would be applicable to all consumers with default in payment of energy bills and surcharge/interest thereon, additional security (consumption) deposit, arrears of voltage surcharge but had not been disconnected due to subsequent payments having been made. Similarly, all government departments who have defaulted in payment of bills but were not disconnected in public interest could avail the scheme.

In addition, all consumers with disconnected power supply due to any type of default before introduction of OTS, all consumers under any type of dispute for more than six months and willing for out-of-court settlement of dues and all consumers disconnected due to default and wish to clear outstanding amount (no reconnection) just to get NOC would be covered under the OTS.

For all defaulting consumers who have not been disconnected, the unpaid amount of default except on account of additional security (consumption) would be payable with 12 per cent interest compounded annually.

In cases where power supply stood disconnected, the amount payable would be defaulting amount with 12 per cent interest compounded annually along with fixed charges, stipulated monthly minimum charges for the period of disconnection subject to a maximum period of one year. Such defaulting consumers would also have to pay security (consumption) and applicable reconnection fee, subject to the condition that power supply could be reconnected without any augmentation of the system.

For defaulting amount of additional security (consumption), the consumers would pay the amount as per prevalent instructions, in addition to penalty at the rate of five per cent, compounded annually, for delay. Further, all government levies such as electricity duty, octroi, municipal tax, cow cess and infrastructure development cess would be payable as assessed and billed in the first instance. Cases of theft and unauthorised use of electricity as per regulations 36 and 37 of the Electricity Supply Code shall not be entertained under the scheme.

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