New Delhi: The BSES on Friday said that the company is hopeful of avoiding a major power cut in Delhi and has requested the Delhi government to step in to defuse the crisis. BSES sources say bank holding back funds is leading to a payment problem.
NTCP has rejected Delhi government's plea to continue power supply to BSES Yamuna Power Limited due to which residents of East Delhi and Central Delhi may face eight to 10 hours of power cuts in February.
NTPC supplies 3175 MW of power which is almost half of the 6000 MW power the city requires.
The subsidy payment from Delhi government has not come in yet and the irregularity in payment from customers is adding to the discom's woes. The accumulated revenue arrears is almost Rs 6,200 crore.
NTPC informed the power discom that a power supply cut is imminent if payment is not made on Friday.
Reliance Infra-backed power distribution company BSES Yamuna Power Ltd informed Delhi government that the company was facing serious fund crunch to buy electricity. In a letter to Delhi's Power Secretary Puneet Goel, BYPL sought immediate financial assistance from the government to deal with the "difficult" situation as it was not being able to make payments to various state-run power generators including NTPC and NHPC.
BYPL sought immediate intervention of Delhi Government in helping it overcome the situation and urged it to take up the issue urgently with NTPC, NHPC, Ministry of Power and Ministry of Finance.
The BSES Yamuna Power Ltd and BSES Rajdhani Power Ltd, which supply power in 70 per cent areas in Delhi, owe around Rs 4,000 crore to Delhi government-run power generation and transmission companies. Both BRPL and BYPL have been maintaining that they are going through difficult financial condition. They have been demanding significant hike in tariff, citing rise in power purchase cost.
According to DERC figures, the private discoms operating in the city have a revenue gap of whopping Rs 19,500 crore.
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