NTPC resolves issue over payment dues from discoms in 3 states

: Power producer NTPC Limitedhas sorted out issue over payment dues with various discoms of Telangana, Andhra Pradesh and Karnataka, sources said Tuesday

Also, the NTPC said it would not regulate power supply as it had indicated in its notice earlier, the sources said.

The dues from the three parties were Rs 5,838.04 crore and the amount overdue by 60 days was Rs 4228.39 crore.

The power producer had, on January 30, issued notices to the discoms saying it would regulate the supply to various power utilities of Telangana, Andhra Pradesh and Karnataka from February 6 for not clearing bills pending for over 60 days.

Notices have been issued that power supply would be regulated until the dues for over 60 days. However, the issue has been resolved after getting a satisfactory reply from them, the sources told PTI.

According to the notices issued by the public sector undertaking, the discoms in Telangana owe Rs 2152. 92 crore of which Rs 1,356.06 crore was overdue by 60 ...