Shillong, April 1: Power Grid Corporation of India Limited has issued a notice for regulation of 50 MW of power from the Inter-State Transmission System (ISTS) with effect from April 14.
As per the notice issued by POWERGRID, the power regulation will be effective from 00.00 hours of April 14, 2021 for a period of one month or till clearing of the outstanding dues for over 60 days.
“Accordingly, in case of failure of MeECL to clear the total outstanding dues >60 days latest by 08.04.2021, the regulation of power supply of MeECL through their long term access shall be effected…from 00.00 hrs of April 14,” Chief General Manager (Commercial) CTU, J Mazumder said in his letter to the CMD of MeECL Arunkumar Kembhavi.
In a letter addressed to MeECL CMD, Arunkumar Kembhavi, POWERGRID Chief General Manager (Commercial), J. Mazumdar said that despite repeated requests, MeECL is yet to clear due of Rs 56.89 crore, out of which an amount of Rs 46.51 crore is the outstanding for over 45 days.
“It is a matter of serious concern that MeECL is consistently failing to clear the full dues against the monthly bills raised on it towards transmission tariff despite regular follow-up by Central Transmission Utility (CTU) and commitments by MeECL,” the official said, adding, “as a consequence, total dues of MeECL have grown to a huge amount of Rs 56.89 crore as on date, out of which an amount of Rs 46.51 crore is outstanding for 45 days (Rs 38.4 crore due has crossed 60 days and an amount of Rs 26.51 crore has even crossed 90 days), based on the bills already raised by CTU.”
CTU has been mandated with the responsibility of billing, collection and disbursement of transmission charges towards ISTS licenses from all the DICs.
Such huge outstanding dues as brought out above are seriously affecting the cash flows of all the ISTS Licenses and causing adverse impact on the ability to carry on as a business enterprise and to fulfill loan repayment liabilities towards the creation of transmission assets, it added.
