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Tuesday, October 26, 2021

Punjab PPAs under review, says chief minister Amarinder Singh | Chandigarh News


CM Amarinder Singh said the present crisis was the result of failure of one unit of the Talwandi Sabo Power Plant, generating 660 MW of power. (File photo)

CHANDIGARH: Punjab chief minister Amarinder Singh said on Saturday that the power purchase agreements (PPAs) signed by the erstwhile SAD-BJP government were already under review and the state government would soon announce its legal strategy to counter the agreements, which had put an atrociously unnecessary financial burden on the state.
Amarinder, who chaired a meeting to review the power situation in the state, said later that a carefully charted legal course of action was being formulated to save Punjab from further financial losses due to the “ill-conceived” PPAs signed by the Badals during their rule. Of the 139 PPAs signed during by the SAD-BJP government, 17 were enough to cater to the state’s full power demand, he said, adding that the remaining 122 for 1,314 MWs of “expensive power were inexplicably signed”, putting unnecessary financial burden on the state.
He appealed to the people to use power judiciously and cooperate with the government in overcoming the temporary shortage of power, adding that against the supply of 13,500 MW, the demand last week touched an unprecedented 16,000 MW. Immediately, PSPCL started purchasing 7,400 MW of power from outside the state, he disclosed, adding that this was 1,000 MW more than what was purchased last year. Had the quantum of purchase not been promptly enhanced, the state would have faced an additional deficit of 1,000 MW of power, further aggravating the crisis, he pointed out.
He said the present crisis was the result of failure of one unit of the Talwandi Sabo Power Plant, generating 660 MW of power. While a notice had already been issued to the plant by PSPCL for imposing a heavy penalty, the state government had, on its part, taken strong measures to address the power shortage, he added.
These measures, he said, included three weekly days off for the industry, including rolling mills and induction furnaces, from July 1 to 7. Only essential services and continuous process industries have been exempted from these regulations, he added. Further, the state government offices have also been directed to function from 8am to 2pm till July 10, with use of air conditioners prohibited in these offices.

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