NEEPCO lifts power supply regulation to Meghalaya Energy Corporation

North Eastern Electric Power Corporation Limited (NEEPCO) has lifted the regulation of power supply to Meghalaya after the Meghalaya Energy Corporation Limited (MeECL) assured to clear the outstanding dues in three instalments.

The central government has also declared that there will be no more load shedding from March 23, 2021 onwards. MeECL has paid an amount of Rs 1.27 billion of Rs 5.04 billion to NEEPCO on March 19, 2021 towards partial liquidation of the outstanding dues. The MeECL has also given a commitment to pay the amount due and payable to NEEPCO in three equal instalments on or before April 30, May 31 and June 30 on a best effort basis.

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