Punjab Power Surplus

It is a good thing for the nation to export more goods and services than it imports. Net exporter nation is widely known to a true economic powerhouse. Increase in wealth and population due to the competitive striving to obtain maximum surplus-value results in increase of productivity and capital resources.

Punjab has imposed an Infrastructure Development access of 5% on power being .supplied to consumers. The surplus power will attract more attract capital investment leading to fast industrialization of state and moreover tube well connections pending for a decade will become a thing of past. Punjab is falling prey to countrywide trend of overdependence on private power generation units. Punjab is a power surplus state.

Punjab will decide the financial survival of PSPCL. .Punjab has already floated tenders for selling 10000 million units power annually which is about 1500 MW round the year. PSPCL has made new ways to impose power cuts to maintain power work. It has found a unique way to fill in the gap between demand and supply: maintenance work for 3-4 hours on almost a daily basis.

Making Punjab power surplus has launched Punjab into the next orbit of development. Punjab has taken significant steps to ensure availability of quality power to industrial and domestic users at competitive prices. Punjab is the only state in the country which provides free power to its farmers to the tune of Rs 4,700crore every year. Many companies have shown interest in investing in harnessing of solar energy in Punjab which has resulted as a great benefit to Punjab. Punjab is among the top states of the country which has seen major developments in past few years. All because of Punjab government Punjab economy has increased a lot.

Modern age is an age of Electricity

A moment of relief and rejoice for Punjab. Punjab has already achieved the status of power surplus and under this agreement the union government will facilitate Punjab to take over 50% of the outstanding debt of the PSPCL in the year 2015-16 and 25% of the outstanding debt in the year 2016-17. It will help a lot to the Punjab and its people.

 We are well known with the uses of power as it has made our lives easier and comfortable and has changed the way of farming. It has tremendously helped in fast communication. It has brought revolution in the field of medical science.  It has significant role in industrial development. It is a boon of science to modern society.

Our life will slip back to primitive age without electricity. So we should be very judicious in the use of electricity. It should be looked for to bridge the gap of its demand and supply. Energy is important in everyone’s life, whether you notice it or not.  The description of its utility in our daily life is unending. It has transformed our life into a wonderful world of ease, comfort, luxury and convenience.

Wonders of Electricity have make life comfortable and worth living. The growing season has become lengthened and places that were previously unable to grow crops can now be cultivated into farm land. This means farmers are able to afford to hire better-quality workers to complete specialized tasks.

Its main goal to live a happy and fruitful life. It has made our life easy to live and serve many benefits.The development of agriculture has much to do with the economic welfare of our country. Agriculture is the backbone of the Indian economy. It would all be possible with uses of power.