PSEB tops in purchase of costly power
Jangveer Singh The Punjab State Electricity Board (PSEB) is getting pushed in the red to meet needs of non-paying consumers and earning the dubious distinction of topping the country in the purchase of costly power. According to data available with the Central Electricity Regulatory Commission (CERC), the board had to purchase power to avoid cuts in past few years. The board's power purchase has increased from three to four times since 2004-05. The board purchased power worth Rs 6,000 crore in 2007-08 compared to power purchases of Rs 2,230 crore in 2004-05.