Two BSES units approached the Supreme Court against a notice issued by NTPC for cutting power supply of Delhi, if its dues are not cleared by the Anil Ambani-led power distribution companies
BSES Rajdhani Pvt Ltd and BSES Yamuna Pvt Ltd, the two power distribution companies from Delhi has approached the Supreme Court against a notice by state-run NTPC to cut power supply of the capital due to non-clearance of dues.
The counsel appearing for BSES submitted that a matter connected to this case is coming up for hearing on Friday and pleaded that its fresh plea be also heard with it. A bench headed by Chief Justice P Sathasivam, before whom the matter was mentioned for an urgent hearing, agreed to the plea and posted the case for hearing on Friday.
Last week, NTPC issued notices to the two Anil Dhirubhai Ambani group (ADAG) power distributor on the issue of payment security mechanism and non-payment of outstanding dues to the state-run power producer.
On 4th February, NTPC said it was in trouble and unless its dues are cleared, the company may have to stop power supply to these discoms. It said it would have to cut supply by nearly 2,000mw.
BSES Rajdhani and BSES Yamuna owe money for the power they bought in December and billed in 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 31st January, leaving a shortfall of Rs271.61 crore. There is a payment shortfall of Rs96.07 crore on BSES Yamuna, NTPC said.
Meanwhile the Appellate Tribunal for Electricity on Wednesday directed Delhi power regulator DERC not to take a final decision on revoking the licences of BSES discoms without its permission.
In an interim petition, the BSES discoms has sought the intervention of the apex electricity tribunal on the issue.
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