Maharashtra’s power dues at Rs 21,500 crore

MUMBAI: The latest power ministry data shows Maharashtra as the state that owes the highest dues of Rs 21,500 crore to power gencos (generating companies). MSEDCL managing director Vijay Singhal, however, told TOI that there was “some difference in the accounting procedure” and according to his calculations, the dues were not more than Rs 13,500 crore.
Singhal said he has coordinated with managing director of Mahagenco and senior officials, and a meeting is scheduled for Tuesday to make the “correction” and inform the Union power ministry as well.
“We will put forth details of our accounts and calculations which show that the dues we owe to gencos are not more than Rs 13,500 crore,” he said. The power ministry data showed that after Maharashtra, it was Tamil Nadu which owed the second highest dues of Rs 20,990 crore to the gencos.