Reliance Infratel-owned power distribution companies (discoms) in Delhi today approached the Supreme Court against NTPC's notice threatening to cut off power supply for not clearing outstanding dues.
A bench headed by Chief Justice P Sathasivam, before whom the matter was mentioned for an urgent hearing, listed the case for tomorrow. The counsel appearing for BSES submitted that a matter connected to this case is coming up for hearing tomorrow and pleaded that its fresh plea be also heard with it. The bench agreed to the plea and posted the case hearing tomorrow.
State-run power generator NTPC had, on February 1, issued notices to the two Anil Ambani-owned distribution companies to cough up dues owed by them or face suspension of power supply. After issuing notices to BSES Rajdhani and BSES Yamuna, NTPC had on February 4 said it was in trouble and unless its dues are cleared, the company may have to stop power supply to these discoms.
NTPC Chairman and Managing Director had said if they were not paid in time, they will have to regulate nearly 2,000 MW of power.
These bills, due to BSES Rajdhani and Yamuna, are for the amount of power consumed in December and billed in January to be payable by the end of January.
NTPC had said that currently there was no letter of credit available for the two companies.
BSES Rajdhani's last letter of credit was encashed on January 31, leaving a shortfall of Rs 27l.61 crore. There is a payment shortfall of Rs 96.07 crore on BSES Yamuna.
For the capital’s 2.5 million consumers — the two firms supply power to three-fourths of the city’s 3.4 million consumers — tribunal order has only heightened the uncertainty. The prospect of 10-hour power cuts from February 10 continues to look real. With the state government firm on not allowing any tariff hike and in the absence of third-party protection audit with the state (under which many other states pay the suppliers of power under state allocation) the DERC has few options before it.
In a temporary relief to Delhi’s two Reliance Infra-owned discoms facing