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The Government of India has initiated reforms for liberalizing the power sector in the country to contain T&D losses, burgeoning subsidy burden and rampant corruption & for improving overall efficiency by making every individual accountable. The enactment of Electricity Act 2003 was the first step in this direction.
Joining the league of other states in India, regarding
implementation of Power sector reforms, Punjab Government has also unbundled
Punjab State Electricity Board (PSEB), which was a statutory body formed
on 01/02/1959 responsible for Generation, Transmission and Distribution of
electricity in the state of Punjab.
Vide Notification No 1/9/08-EB(PR)196, dated-16.04.2010
Govt. of Punjab carved out following two corporations out of erstwhile PSEB:
1. Chief Engineer/Transmission System |