Articles 12th Mar 2022

New electricity laws in Punjab


Aakanksha Joshi Partner | Mumbai
Megha Agarwal Associate Partner | Mumbai
Pranaav Gupta Associate | Mumbai

Latest Thought Leadership

Articles 14th Jun 2024

Digital Bouncers: Navigating the Digital Competition

Read More
Articles 14th Jun 2024

SEBI Imposes Financial Penalties on Market Infrastructure Institutions For Surveillance Failures

Read More
News & Media 13th Jun 2024

Compensation claims plunge as SEBI crackdown intensifies

Read More
News & Media 12th Jun 2024

50% assured pension for central govt staff under NPS: Proposal explained

Read More

Amidst the State elections in Punjab, the Government has cut down power bills by INR 3 per unit for domestic consumers with a load of up to 7 KW. The Punjab State Legislative Assembly had passed two electricity bills (Bills) which give statutory recognition to the renegotiation of power tariff by the Punjab State Electricity Regulatory Commission (PSERC). This attempt at unilateral renegotiation of tariff can further precipitate Punjab’s power woes.

Against this backdrop, Aakanksha Joshi, Partner; Megha Agarwal, Associate Partner and Pranaav Gupta, Associate at Economic Laws Practice (ELP) have co-authored an article for ET Edge Insights, titled ‘New electricity laws in Punjab: Further precipitating Punjab’s power crisis?’. In their article the authors discuss the Punjab Energy Security, Reform, Termination and Re-determination of Power Tariff Bill, 2021. They further talk about the two mechanisms under which PPAs are signed, namely the MoU Route and the Bidding Route.

Read the detailed article