DVC agrees to defer power regulation in seven districts of Jharkhand

The Damodar Valley Corporation (DVC) has agreed to defer its power regulation to seven districts of Jharkhand after discussions with Jharkhand Bijli Vitaran Nigam Limited (JBVNL). …

JBVNL has been defaulting payment to DVC, which supplies around 650 MW to the seven districts, since September. Earlier, DVC had earlier planned to reduce power to Bokaro, Dhanbad, Bokaro, Dhanbad, Giridih, Koderma, Ramgarh, Chatra and Hazaribag districts by as much as four hours every day beginning December 13, unless its power bills averaging Rs 1.50 billion per month are paid in full. As per JBVNL, due to the Covid-19 pandemic, the discom could recover only about Rs 900 million per month against a normal collection of Rs 2,500 million per month.



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