{"id":291181,"date":"2019-09-11T06:24:33","date_gmt":"2019-09-11T06:24:33","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=291181"},"modified":"2019-09-11T06:24:33","modified_gmt":"2019-09-11T06:24:33","slug":"clean-energy-producers-can-move-nclt-against-discoms-over-dues-power-minister-cautions-7-states","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/clean-energy-producers-can-move-nclt-against-discoms-over-dues-power-minister-cautions-7-states\/","title":{"rendered":"Clean energy producers can move NCLT against discoms over dues: Power Minister cautions 7 states"},"content":{"rendered":"<p>Flagging non-payment of dues by power discoms to renewable energy producers, Union Power Minister R K Singh has cautioned seven states, including Maharashtra and Karnataka, that the developers could approach NCLT against the distribution companies to recover payments of around Rs 5,355 crore.<\/p>\n<p>Singh in a letter has urged the chief ministers of these states to issue directions to their respective power distribution companies (discoms) for clearing the dues of renewable energy firms in the next few days.<\/p>\n<p>The power and new &amp; renewable energy minister pointed out the power producers are likely to default on their payment obligations due to non-clearance of dues by the discoms and there is a &#8220;danger&#8221; of them approaching the National Company Law Tribunal (NCLT) for recovering the pending amount.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Flagging non-payment of dues by power discoms to renewable energy producers, Union Power Minister R K Singh has cautioned seven states, including Maharashtra and Karnataka, that the developers could approach NCLT against the distribution companies to recover payments of around Rs 5,355 crore. Singh in a letter has urged the chief ministers of these states to issue directions to their respective power distribution companies (discoms) for clearing the dues of renewable energy firms in the next few days. The power and new &amp; renewable energy minister pointed out the power producers are likely to default on their payment obligations due [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-291181","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=291181"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291181\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=291181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=291181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=291181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}