NTPC has withheld its decision to cut power to BSES Yamuna Power Limited (BYPL) in the forthcoming peak summer season after the latter committed to pay part of its dues by month-end.
NTPC has withheld its decision to cut power to BSES Yamuna Power Limited (BYPL) in the forthcoming peak summer season after the latter committed to pay part of its dues by month-end. The state-run power generator had said earlier this month that it might cut power if BYPL does not pay its overdue bills of Rs 239 crore. In a meeting mediated by the Delhi Electricity Regulatory Commission, the discom had also laid out a plan to settle the outstanding payment.
The Anil Ambani-led company is awaiting a Supreme Court judgment, which will clear the path for recovery/liquidation of regulatory assets worth over Rs 16,000 crore.
Electricity in Delhi is supplied by TPDDL and BSES, the power distribution units of Tata Power and Reliance Infrastructure, respectively. Peak power demand in BYPL’s distribution area of east and central Delhi it is expected to touch around 1600 MW this year.
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In a separate notice, Patratu Vidyut Utpadan Nigam (PVUNL) said it would regulate power supply to Jharkhand’s power distribution company (JBVNL) from Friday due to non-payment of bills. PVUNL is a subsidiary of NTPC in a joint venture with JBVNL.
The total outstanding dues of JBVNL to PVUNL is R113.66 crore. All the power generated from PVUNL’s
455-MW Patratu power plant is allocated to JBVNL. The peak demand of Jharkhand was 1,121 MW in January.