NEW DELHI: ADAG group discoms in Delhi have paid up Rs 400 crore to “resolve” the matter of pending dues with Aravali Power Corporation Pvt Ltd (APCPL), a subsidiary of state-run generation company NTPC.
“BRPL (BSES Rajdhani Power Ltd) and BYPL (BSES Yamuna Power Ltd) have resolved the matter with Aravali Power, paying Rs 352.27 crore and Rs 47.34 crore, respectively, as per the demand… BSES discoms are committed to supplying reliable and uninterrupted power to around 46 lakh consumers in Delhi,” a BSES spokesman said.
The NTPC had on January 2, 2021, served notices on the two BSES discoms, asking them to pay Rs 1,864 crore of overdue electricity payments or face corporate insolvency proceedings.