Record digital payments this year: PSPCL

Patiala, April 13

During financial year 2020-21, the Punjab State Power Corporation Limited (PSPCL) has collected around Rs 19,630 crore digitally from 143 lakh online transactions.

Due to a number of easy-to-use digital platforms offered by the PSPCL, more than 75 per cent collection is being received digitally. PSPCL CMD A Venu Prasad said the digital payment facility was started in 2008 in Punjab for electricity bills. In 2017, Punjab envisioned the digital evolution for the ease of the citizens of the state and started the facilities of electricity bill payments through enhanced, innovative and citizen-friendly digital modes in a big way.

Prasad said to encourage more consumers to move to digital modes with least financial costs, the PSPCL had undertaken awareness campaigns about digital modes and offers.

“From just around Rs 2,000 crore from 43 lakh digital transactions during 2016-17, we have now received around Rs 19,630 crore from 143 lakh digital transactions in 2020-21,” said the CMD. — TNS