Chandigarh, Nov. 13 -- Punjab Chief Minister Bhagwant Mann on Friday announced a One-Time Settlement (OTS) scheme for domestic electricity consumers in the state, waiving all penalties and interest on outstanding electricity bills up to March 31, 2026, and providing relief worth Rs 518 crore to more than 24 lakh families.

Addressing a press conference ahead of the 2027 Punjab Assembly elections, Mann said consumers would now be required to pay only the principal amount of their pending electricity bills under the scheme.

"All penalties and interest on outstanding bills up to March 31, 2026, have been completely waived. Now, only the principal amount needs to be paid-25 per cent of which can be paid immediately, and the remaining 75 per ...