Updated: 3/22/2025
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Last Updated: 18 Dec 2024

PSPCL had loss of ₹4,775.93 crore during 2022-23[1]

FY 2023-24: PSPCL earns ₹830.37+ crore profit[2]

-- Rs 1,003 crore earned by sale of power to other states
-- The power purchase bill declined by ₹1,447 crore due to smart power management

FY 2024-25: PSPCL projects ₹1,558 crore profit[3]
-- ₹2,685 cr profit for 1st 6 months i.e. April - Sept 2024[4]

2025-26[5]: The PSPCL has projected surplus of Rs 2,528 crore

Year Profit
2025-26[5:1] ₹2,528 crore (Projected)
2024-24[3:1] ₹1,558 crore (Projected)
2023-24[2:1] ₹830.37 crore
2022-23[1:1] - ₹4,775.93 crore

2023-24 Profitable[1:2]

  • PSPCL sold electricity worth ₹1003 crore this year against ₹293 crore in 2022-23
  • 48% reduction in power purchase from the open exchange
  • From 4,773 million units in 2022, power purchase (short terms and exchange purchase) came down to 2,480 million units in 2023

How?[3:2]

References:


  1. https://www.businesstoday.in/latest/economy/story/pspcl-registers-rs-564-crore-q3-profit-amidst-reduced-power-purchase-and-increased-generation-407988-2023-12-02 ↩︎ ↩︎ ↩︎

  2. https://www.hindustantimes.com/cities/chandigarh-news/from-loss-to-profit-pspcl-nets-830-in-2023-24-fiscal-101723142636532.html ↩︎ ↩︎

  3. https://www.hindustantimes.com/cities/chandigarh-news/pspcl-seeks-lowest-tariff-hike-in-15-yrs-as-financial-health-improves-101702580788072.html ↩︎ ↩︎ ↩︎

  4. https://www.hindustantimes.com/cities/chandigarh-news/pspcl-profits-only-on-paper-as-subsidy-burden-mounts-101733942927210.html ↩︎

  5. https://www.tribuneindia.com/news/punjab/revenue-surplus-pspcl-proposes-meagre-tariff-hike-for-2025-26/ ↩︎ ↩︎

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