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The Punjab State Electricity Regulatory Commission (PSERC) has allowed Punjab State Power Corporation Limited (PSPCL) to incur capital expenditure aggregating Rs 1.23 billion for executing works under the Restructured Accelerated Power Development and Reforms Programme (R-APDRP) in Jalandhar, Mohali, Khanna and Nawanshehar. The works are aimed at reducing the aggregate technical and commercial losses below 15 per cent by strengthening of substations, transmission and distribution system and shifting of meters to outside consumer premises.
The board of directors of PSPCL had already accorded administrative approval to float tender enquiry for the execution of works in six towns. PSERC’s approval was sought for works to be undertaken in Jalandhar, Khanna, Mohali and Nawanshehar under PSERC (Terms and Conditions for Determination of Tariff) Regulations, 2005, as the total investment in each cities exceeded Rs 100 million. Approval was granted after a scrutiny of the detailed project reports.
granted after a scrutiny of the detailed project reports.
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