BSES discoms pay Rs 4 billion to Aravali Power Corporation

BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited (BYPL) have resolved the defaults payment matter with Aravali Power Corporation Private Limited (APCPL) and have paid Rs 3.52 billion and Rs 473.4 million, respectively, as per the demand. ….

On January 2, 2021 APCPL, a joint venture of NTPC Limited, Haryana Power Generation Corporation Limited (HPGCL) and Indraprastha Power Generation Company Limited (IPGCL), had issued notices to BRPL and BYPL towards the default in payment of dues of Rs 3.52 billion in the case of BRPL and Rs 473.4 million in the case of BYPL. The notice had directed the discoms to make the payment within 10 days of receiving the notice.

GET ACCESS TO OUR ARTICLES

Enter your email address

Share your work e-mail and access a free 3 month digital subscription to Power Line Magazine