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Home News Power Sector News Delhi - Efforts on to pay NTPC dues so power supply isn't affected

Delhi - Efforts on to pay NTPC dues so power supply isn't affected

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 Power supply is unlikely to be affected in the national capital with two BSES discoms already in touch with a number of banks to make payments of Rs 690 crore in dues to state-owned electricity generating company NTPCBSE -1.92 % by May 31 as directed by the Supreme Court.

Delhi government sources said there will be no power cuts in Delhi as power distribution companies BSES Rajdhani and BSES Yamuna were making efforts to clear the dues to the NTPC at the earliest.

Yesterday, the Supreme Court refused to extend the deadline to pay the arrears to the NTPC for electricity supplied to the BSES discoms in the last four months.

"The BSES discoms were in talks with number of banks to arrange for the money. There will be no power cuts in Delhi as efforts are on to resolve the matter," the sources said.

The two discoms have been maintaining that they do not have money to pay the dues and even asked power regulator Delhi Electricity Regulatory Commission to help it financially by making provision for recovery of past losses.

In an order on May 6, the apex court had warned that the failure of the two power distribution companies to pay the dues within the prescribed time-limit would lead to vacation of the stay on disconnection notice served to BSES by NTPC.

While serving notices to BSES, NTPC had on February 4 said it was in trouble and unless its dues were cleared, the company might have to stop power supply to these discoms.

BSES Rajdhani distributes power to over 18.5 lakh consumers in south and west Delhi while BSES Yamuna has 13.5 lakh customers in central and east Delhi.

The discoms have been maintaining that absence of cost reflective tariff is the root of financial problems that they are facing.

As per official figures, BSES discoms have paid around Rs 8,700 crore during the financial year 2013-2014 to various generating and transmission companies, which is around 81 per cent of the bills raised by them from consumers.

Source- ET


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