Delhi energy Utilities Warned Of supply reduce Over Rs 1,300 Crore Dues

Delhi Power Utilities Warned Of Supply Cut Over Rs 1,300 Crore Dues
New Delhi: kingdom-run NTPC has threatened to snap energy deliver to Reliance Infra-sponsored discoms in Delhi — BRPL and BYPL — in the event that they fail to pay round Rs 1,300 crore dues with the aid of nighttime on may additionally 9.

“A word for law has been served on the BRPL & BYPL for law of strength deliver with effect from 00:00 hours of may also 10, 2016 for a complete quantum of 2027 MW,” NTPC stated in a declaration.

in step with the announcement, BSES Rajdhani power Ltd (BRPL) and BSES Yamuna power (BYPL) are but to clear dues of round Rs 1,three hundred crore (Rs 892.30 crore and Rs 402.ninety three crore respectively).

NTPC stated that it has to pay in advance to its gas providers which represent approximately seventy five-eighty in keeping with cent of its monthly electricity bills.

“If the above state of affairs keeps, NTPC stations can be dealing with outages due to shortage of gas. underneath the instances NTPC has no different alternative but to serve the awareness for regulation of electricity at the BSES DISCOMs,” it said.

The agency similarly said that the payments by using the BSES DISCOMs had emerge as irregular for pretty a while. the matter became delivered earlier than the ideal court, who of their judgement on March 26, 2014, directed the BSES DISCOMs to make certain bills of all current power bills with impact from January 1, 2014. but, despite clear instructions of the ideally suited court docket, the dues persevered.”

NTPC has been imparting strength to BSES DISCOMs in Delhi considering that unbundling and privatisation of DVB.

The power allotted to these DISCOMs from various NTPC energy stations is two,027 MW (1349 MW & 678 MW respectively) & average monthly electricity invoice is currently of the order of Rs 390 crore (Rs 260 crore & Rs 130 crores respectively), the declaration said.

Commenting on the problem, a BSES spokesperson stated, “BSES is underneath large economic stress due to non-liquidation of regulatory assets estimated to be over Rs sixteen,000 crore as on March 31, 2016. in comparison to this, dues payable via BSES to NTPC are round Rs 1,three hundred crore.”

“we’re awaiting the ideally suited court judgement, so that it will clear the direction for healing / liquidation of regulatory property. BSES discoms also are making concerted efforts to address the situation and clear pending dues in a simply and equitable manner,” the spokesperson introduced.