SC Re­fuses Ex­ten­sion to BSES Cos for Clear­ing NTPC Dues

Court’s va­ca­tion bench re­jects in­terim ap­pli­ca­tion and asks cos to pay money first

The Economic Times - - Economy - OUR BUREAU

The na­tional cap­i­tal is star­ing at pos­si­ble power cuts at the peak of sum­mer as the Supreme Court re­fused to ex­tend the dead­line for Delhi’s Anil Am­ban­i­con­trolled elec­tric­ity dis­tri­bu­tion com­pa­nies (dis­coms) to pay ar­rears owed to state-run power pro­ducer NTPC.

Early this month, the Supreme Court asked BSES Ra­jd­hani and BSES Ya­muna to pay .` 690 crore to NTPC or be ready for power cuts from May 31. The dis­coms have not been able to man­age the funds. On Mon­day, the com­pa­nies ap­proached the court to seek an ex­ten­sion for the pay­ment, but a va­ca­tion bench re­jected their in­terim ap­pli­ca­tion and asked them to pay the money first. A se­nior NTPC of­fi­cial con­firmed the de­vel­op­ment

The dis­coms, mean­while, have also re­quested the Delhi Elec­tric­ity Reg­u­la­tory Com­mis­sion to al­low them to re­cover their ar­rears from con­sumers to be able pay NTPC for the elec­tric­ity pur­chased from it. The reg­u­la­tor has yet to make a fi­nal de­ci­sion on the de­mand. NTPC is in no mood to oblige BSES that ap­proached the top court early this year to pre­vent the coun­try’s largest power pro­ducer from pulling the plug. On May 15, NTPC CMD Arup Roy Choud­hury told ET that the com­pany has no choice but to dis­con­nect power sup­ply to Delhi if BSES dis­coms fail to pay their bills. BSES is un­der pres­sure since the be­gin­ning of this year. In Jan­uary, the then Delhi Chief Min­is­ter Arvind Ke­jri­wal asked the Comp­trol­ler and Au­di­tor Gen­eral to au­dit the ac­counts of BSES Ra­jd­hani, BSES Ya­muna and Tata Power Delhi Dis­tri­bu­tion, ac­cus­ing the dis­coms of ma­nip­u­lat­ing their ac­counts and levy­ing higher tar­iff on con­sumers. In­ci­den­tally, the Delhi govern­ment is a mi­nor­ity stake­holder in the BSES dis­coms.

Dis­coms have re­quested DERC to al­low them to re­cover their ar­rears from con­sumers to be able pay NTPC

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