Chandigarh, November 13, 2026 (Yes Punjab News)
Punjab Chief Minister Bhagwant Singh Mann on Friday announced a One-Time Settlement (OTS) Scheme offering complete waiver of penalties and interest on outstanding domestic electricity bills up to March 31, 2026. The scheme is expected to benefit 24.86 lakh families, with the state government waiving penalties and interest amounting to Rs 518 crore.
Under the scheme, consumers will have to pay only the principal amount outstanding on their electricity bills. The Chief Minister said that even consumers whose connections have been disconnected will be eligible for restoration after clearing their principal dues under the scheme.
Announcing the decision, Mann said the initiative was aimed at providing relief to households facing financial difficulties. He said accumulated interest and penalties had made it harder for several families to clear their electricity dues, and the government wanted to offer them an opportunity to settle their accounts without the additional financial burden.
The scheme covers outstanding domestic electricity liabilities of approximately Rs 2,516 crore. According to the Chief Minister, eligible consumers will initially have to deposit 25 per cent of the principal amount, while the remaining 75 per cent can be paid in instalments. The announcement’s key terms specify two instalments within one year, while the detailed press conference statement refers to a maximum of six equal monthly instalments, with a possible additional six-month extension.
The scheme will remain open for 45 days from the issuance of the commercial circular. Mann said the notification would be issued on Saturday, November 14, after which the scheme would come into effect. He appealed to eligible domestic consumers to avail themselves of the relief within the stipulated period.
The Punjab State Power Corporation Limited (PSPCL) will dispatch special OTS bills and notices to eligible consumers within seven days. These will detail the outstanding dues, the penalty and interest being waived, and the principal amount payable under the scheme.
Mann said the revised amount would be automatically updated in the system after the required online payment. The updated details would also be reflected in consumers’ online accounts and revised electricity bills.
Reiterating the government’s commitment to public welfare, the Chief Minister said the Rs 518 crore waiver would help thousands of families settle their outstanding electricity dues and reduce their financial burden.
FOLLOW NOW
