Punjab CM govt waives Rs 518 crore in power bill penalties, interest; 24.86 lakh consumers to benefit

Chandigarh, Nov 13 (UNI) Punjab Chief Minister Bhagwant Mann on Friday announced a waiver of Rs 518 crore in interest and penalties on outstanding electricity bills under a one-time settlement (OTS) scheme aimed at benefiting nearly 24.86 lakh domestic consumers across the state. Mann said the scheme would cover electricity bills outstanding as of March 31, 2026, allowing consumers to clear their dues by paying only the principal amount without accumulated interest or penalties. The scheme will remain open for 45 days, during which eligible consumers can opt for a staggered payment arrangement. Under the payment plan, consumers will have…