CERC asks Gridco to refund Rs 360 cr to NTPC; Gridco says order unilateral

NTPC feels Gridco has wrongfully adjusted Rs 360 crore from its running bills post the ATE judgement

The spat between maharatna utility NTPC Ltd and Gridco, Odisha's bulk power purchaser cum trader over contentious power billing, shows no sign of subsiding.

The row is over NTPC's alleged illegal declaration of Commercial Operations Date (COD) and unauthorized billing worth Rs 359.69 crore of infirm power as scheduled power from the Stage-II (1320 Mw) of its Barh super thermal power station. Gridco had challenged NTPC's contention in CERC and got a favourable order in September 2017. Later, NTPC moved the Appellate Tribunal for Electricity (ATE). The ATE in  its order pronounced in January 2019, upheld CERC's order, dealing a body