New Delhi: Two power distribution companies of the Delhi government and Reliance Infrastructure Ltd NSE 0.53 % have been asked to pay Rs 1,864 crore of overdue electricity payments or face corporate insolvency proceedings, according to payment notices.
Aravali Power Company (APCPL), a joint venture of state-owned NPTC, Haryana Power Generation Corp Ltd (HPGCL) and Indraprastha Power Generation Co Ltd (IPGCL), have slapped separate payment notices on BSES Rajdhani Power and BSES Yamuna Power for defaulting on payments for the electricity they buy from its Jhajjar plant.
