Chandigarh, July 17 -- A day after Chandigarh Power Distribution Limited (CPDL), the private firm managing the UT's electricity services, submitted a petition for electricity tariff hike, it stated that it is planning to invest Rs.956 crore over the next five years to revamp the city's ageing power infrastructure.

In a statement on Wednesday, the firm claimed that over half of the city's infrastructure has surpassed its shelf life, leading to outages. To achieve better operational and financial efficiency, a rise in tariff has been proposed.

CPDL director Arun Kumar Verma said the distribution network will undergo a major upgrade with new power transformers, underground cables, and replacement of worn-out equipment. "This will eliminate...