New Delhi: The Supreme Court today stopped the central power generator from cutting electricity to two firms that distribute power to large parts of Delhi.
The court said NTPC must supply electricity till March 26 to Anil Ambani-backed BSES discoms. The firms have been to pay the corporation Rs 50 crore within two weeks.
The two firms owe about 400 crores to a state-run power producer, National Thermal Power Corporation or NTPC. (BSES distribution companies seek Rs 450 crore to overcome financial difficulties)
NTPC had threatened to stop supplying electricity to the firms, which said in their appeal to the Supreme Court that their cash crunch is due partly to long overdue payments from the Delhi government.
Chief Minister Arvind Kejriwal has alleged "blackmail" by the firms and says the power regulator for the area should cancel their licenses. When that happens, he has said, government officials will administer the firms.
A tribunal that handles power cases in and around Delhi has said licenses cannot be revoked without its clearance, offering a measure of relief to the BSES firms. (A move to block Arvind Kejriwal from cancelling power firms' licenses)
The court said NTPC must supply electricity till March 26 to Anil Ambani-backed BSES discoms. The firms have been to pay the corporation Rs 50 crore within two weeks.
The two firms owe about 400 crores to a state-run power producer, National Thermal Power Corporation or NTPC. (BSES distribution companies seek Rs 450 crore to overcome financial difficulties)
Chief Minister Arvind Kejriwal has alleged "blackmail" by the firms and says the power regulator for the area should cancel their licenses. When that happens, he has said, government officials will administer the firms.
Advertisement
COMMENTS
Advertisement
Supreme Court's YouTube Channel Restored After Hacking Sharad Pawar Faction Goes To Top Court For New Poll Symbols For Both NCPs "Submit Safety Measures Within 4 Weeks": Supreme Court To Panel On Coaching Centre Deaths Top Hezbollah Commander Killed As Israeli Strike Rattles Beirut "100% Correct": Top Official On Report "900 Militants" Came From Myanmar "Will Not Rest Until...": EY Chief On Employee's Death Due To 'Overwork' Personal Assistant Of Manipur Minister Kidnapped: Cops Suspected Trump Assassination Plotter Has Criminal History UN Security Council Meets In Emergency Session Over Lebanon Track Latest News Live on NDTV.com and get news updates from India and around the world.