Business Standard

Two BSES discoms pay Rs 400 cr in dues to NTPC-owned Aravali Power

Last week, NTPC served notices to six states and two Union Territories for non-payment of dues, saying it would shut off or restrict power supply if the discoms failed to clear their dues

Consumer spending, cash, money
Premium

The two discoms are joint venture of Reliance Infrastructure Ltd and the Delhi government

BS Reporter New Delhi
Reliance Infrastructure-promoted power distribution companies (discoms) in Delhi -  BSES Rajdhani Power Ltd (BRPL) and BSES Yamuna Power Ltd (BYPL) on Monday paid their dues of Rs 400 crore to Aravali Power Corporation Private Ltd. (APCL). 

APCL is owned and operated by state owned power generator NTPC Limited. The two discoms are joint venture of Reliance Infrastructure Ltd and the Delhi government.

A statement by BSES said the two power distribution companies have resolved the matter with Aravali Power Corporation Private Limited (APCPL) and have paid Rs 352.27 crore and Rs 47.34 crore respectively, as per the demand.

ALSO READ: 

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in