Andhra power generation body moves Telangana HC to recover Rs 6000 crore dues
HYDERABAD: Andhra Pradesh Power Generation Corporation Limited (APGenco) knocked on the doors of the Telangana High Court seeking help to recover its outstanding debts, which had arisen after bifurcation of the erstwhile State of AP.
Southern Power Distribution Company Ltd (SPDCL) of Telangana and Northern Power Distribution Company Ltd (NPDCL), together need to pay Rs 3,441.78 crore dues. The same compounded with interest by August 31, 2021 and Rs 6,283.68 crore is due now, said AP Power Generation Corporation Ltd in its writ petition.
