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Electrical equipment makers stare at Rs 800-cr dues from states, Centre

This segment wants to disassociate itself from the power sector

electricity, power grid
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Shreya Jai New Delhi
The electrical equipment industry is staring at dues of more than Rs 800 crore, payable for a period of over three years.
 
These are mostly from states and central government-owned companies, including BHEL and Power Grid.
 
Some of the biggest defaulters are the power departments of Uttar Pradesh, Rajasthan, Tamil Nadu and Andhra Pradesh.
 
The industry, in its latest exercise of collating dues, said around 25 per cent of the companies did not disclose figures. So, on an average estimate, the dues could go up to more than Rs 1,500 crore, said the Indian Electrical and Electronics

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