The Punjab Cabinet hasapproved the Power Generation Policy, 2010 to transform the state from a power deficit to a power surplus state, besides ensuring quality supply of power to all consumers at affordable prices.
A decision to this effect was taken here at a meeting of the Cabinet chaired by Punjab Chief Minister Parkash Singh Badal this evening. Disclosing this here a spokesman of the Punjab government said the new Power Generation Policy would also strive to bring down the cost of power, to encourage setting up of power stations by private developers besides to promote and support ancillary industry related to power plants. The policy would be applicable to new power projects to be located in the state and also to pit head/coastal thermal power plants with an installed capacity of 250 Mw or more at single location. Captive power and co-generation power plants would not be covered under the scope of this policy. Likewise, the policy would not be applicable to the power projects which were covered under NRSE policy being implemented by Punjab Energy Development Agency and power projects set up in Special Economic Zones (SEZs) in the state .