Punjab State Power Corporation Limited (PSPCL) aims to strengthen power infrastructure primarily to reduce commercial and technical losses in 39 cities of the state by June 2015, which would cost Rs 1611.43 crore.
As much as Rs 48.31 crore would be spent in Bathinda, Rs 77.72 crore in Hoshiarpur, Rs 210.86 crore in Amritsar, Rs 190 crore in Jalandhar and Rs 442.32 crore in Ludhiana to reduce commercial and technical losses.
PSPCL chairman KD Chaudhry said here on Friday that under the Restructured Accelerated Power Development and Reforms Programme, the corporation would cut electricity losses to 15% or even below.
Chaudhry said that under the new project, new power grids would be set up, capacity of old sub-stations increased, old distribution transformers replaced by new ones with more load capacity etc.
Chaudhry added that load of sub-station transformer lines would be reduced to below 70%; electricity meters would be installed outside houses and new electricity cables laid.
The project would be completed by June 2015 and the work had already been allotted to Larson &Tubro, A2Z of Gurgaon and Godrej of Mumbai.
The power infrastructure upgrade in Patiala city had already been completed by the PSPCL at a cost of Rs 30 crore, which had led to reduction of electricity losses by 22% to 12%, he claimed.