Delhiites might have got temporary respite from power outages as the
power utility NTPC has given power discoms -- BSES Rajdhani and BSES
Yamuna -- deadline of February 11 to clear their dues. If the two
companies fail to clear the dues by then, the NTPC would suspend or
regulate power supply to them, which could result in long hours of
outages across the city, barring North Delhi. The NTPC on Saturday served notices on both the discoms as they had
not maintained letter of credit of adequate value, a prerequisite for
getting power from the NTPC stations, officials said.
Since the discoms have not been able to provide the requisite payment
security mechanism, notice for regulation of power supply for 90 days
starting February 11 has been issued to both companies. "Despite our repeated follow-up and meeting with senior officials of
BSES Rajdhani, the company has not been able to give any letter of
credit for the full value within seven days, which is a breach of PPA
(power purchase agreement) provisions," the NTPC said in a notice to
BSES Rajdhani.
The officials said the Central Electricity Regulatory Commission
(CERC) empowers generation companies to regulate power supply in case
letters of credit of adequate value, which are assurances of payment,
are not maintained. According to the NTPC, apart from letter of credit, there is a
payment shortfall of Rs.96.07 crore on BSES Yamuna which, as per PPA
provisions, should have been paid by January 31. In case the discoms
fail to comply with the notice, several parts of Delhi face long hours
of power outages. BSES Rajdhani distributes power in South and West
Delhi, including Alaknanda, Vasant Kunj, Saket, Nehru Place, Nizamuddin,
Sarita Vihar, Hauz Khas, R K Puram, Janakpuri, Punjabi Bagh, Tagore
Garden, Vikas Puri, Palam and Dwarka. Similarly, BSES Yamuna caters to areas in central and east Delhi,
including Chandni Chowk, Daryaganj, Paharganj, Shankar Road, Patel
Nagar, Krishna Nagar, Laxmi Nagar, Mayur Vihar and Yamuna Vihar.
Source- Hindu
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