Punjab State Power Corporation Limited (Powercom) has decided to make immediate refund of the amount recovered from different categories of non-agricultural consumers for the period April 1, 2009 to September 8, 2009, on account of enhancement effected in the tariff order for 2009-10.

He said this amount works out to be about Rs 334 crores and Punjab has agreed to compensate Powercom by refunding this amount in six equated monthly installments.