Consumers in Rajasthan could face power blackout beginning this Sunday as NTPC Ltd has threatened to discontinue electricity supply for defaulting on payment of Rs 367 crore dues and non-compliance of collateral arrangements.
A senior NTPC official said three distribution companies -Ajmer Vidyut Vitran Nigam, Jaipur Vidyut Vitran Nigam and Jodhpur Vidyut Vitran Nigam – owe about Rs 95 crore to the power generating company in addition to a recent bill raised for Rs 272 crore. The Rajasthan companies also did not renew Rs 187.95 crore security with NTPC after December 31, 2012
In a regulatory notice to the three distribution companies NTPC has said it would either curb the supply of 1258-mw or regulate it from the midnight of January 13, 2013. Tata Power had last week snapped power supply to the three distribution companies.
“The allocation letters issued by government of India that in case of default in payment, NTPC has the right to shut-off or restrict power supply from power stations…,” the notice said.
src: Economic Times