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Regulation Notices to Power distribution Companies

NTPC has served Regulation Notices to few power distribution companies for regulation of power supply due to non-payment of dues/ non availability of required Letter of Credit (LC) as per provisions in Power Purchase Agreement. The power supply was not suspended to there Companies.

At times, a few power distribution companies like Meghalaya Energy Corporation Limited (MeECL), Jaipur Vidyut Vitran Nigam Limited (JVVNL), Ajmer Vidyut Vitran Nigam Limited, (AVVNL), Jodhpur Vidyut Vitran Nigam Limited (JdVVNL), BSES Rajdhani Power Limited (BRPL) & BSES Yamuna Power Limited (BYPL) have failed to comply with the provision of power purchase agreement primarily in making payment by due date and maintaining adequate Letter of Credit (LC).

In the Financial Year (FY) 2012-13, NTPC has issued Regulation Notices for regulation of power supply to the following utilities:

i) Regulation Notice dated 06.08.2012 for regulating 46.28 MW quantum of power to Meghalaya Energy Corporation Ltd (MeECL) w.e.f. 10.08.2012 for non-payment of outstanding dues of Rs 6.92 Cr. and non maintenance of LC of Rs 8.81 Cr.
ii) Regulation Notice dated 09.01.2013 for regulating 1258 MW quantum of power to Rajasthan Discoms (JVVNL/ AVVNL/ JdVVNL) w.e.f 13.1.2013 for non- maintenance of required Letter of Credit (LC) of Rs 187.95 Cr.
iii) Regulation Notice dated 08.02.2013 for regulating 127 MW quantum of power to BRPL w.e.f 13.2.2013 for shortfall in LC of Rs 27.36 Cr.
iv) Regulation Notice dated 08.02.2013 for regulating 434 MW quantum of power to BYPL w.e.f. 13.2.2013 for shortfall in LC of Rs 83.42 Cr.

This information was given by MoS (I/C) Power Sh. Jyotiraditya M. Scindia in Lok Sabha today.

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