New Delhi: Punjab Chief Minister Bhagwant Mann on Friday announced a one-time settlement scheme for domestic power consumers to clear their outstanding power bills, saying penalty and interest charged on the amount will be waived.
Addressing a news conference here, Mann said for domestic power users, the government is launching a one-time settlement scheme on Friday.
Under this, the penalty and interest charged on the outstanding power bills of domestic electricity consumers till March 31, 2026, will be waived.
We have brought the scheme under which penalty and interest charged will be waived, he said.
The consumers will have to clear the bill minus the penalty and interest charged. The scheme will remain operational for 45 days.
The consumers can pay 25 percent of outstanding power bill initially and for the remaining amount, they can pay in two six-monthly instalments.
A total of 24.86 lakh domestic consumers will benefit from the scheme, he said.
The total outstanding power bill amount is Rs 2,516 crore, of which Rs 518 crore penalty and interest portion will be waived, the chief minister said.
A notification of the scheme will be issued on Saturday.
Mann said consumers whose outstanding is pending till March 31, will get revised bill in which penalty and interest will be waived and they will have to pay the remaining amount.
Replying to a question, Mann said the scheme is applicable for all domestic power consumers irrespective of rural or urban areas.
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