They're not paying their bills
An Indian Power Company Is Threatening To Plunge New Delhi Into Darkness
2
February, 2014
NEW
DELHI (Reuters) – India’s top power producer NTPC Ltd said on
Saturday it might cut supplies to a company that distributes
electricity to parts of New Delhi, something that could plunge the
heart of India’s capital into darkness.
State
utility NTPC said distribution company BSES Yamuna Power Ltd, which
sells electricity in the central and eastern parts of the city of
about 16 million people, must clear its dues or else supplies would
be cut from February 11.
Citing
lower tariffs and a shortfall in revenues, BSES Yamuna Power Ltd, an
arm of Reliance Infrastructure Ltd, has already expressed its
inability to pay state-run power generation companies.
The
row could result in an outage of up to 10 hours a day, exacerbating
problems for Delhi’s newly-elected Chief Minister Arvind Kejriwal,
elected on the promise of cutting electricity tariffs for millions of
Delhi’s voters.
Kejriwal,
a former anti-corruption activist, recently asked the state auditor
to look into the accounts power distribution companies to see if they
are profiteering. The companies have challenged the move in a court.
BSES
Rajdhani Power Ltd and Tata Power Delhi Distribution Ltd are the
other companies that sell electricity to consumers of Delhi.
BSES
Yamuna Power Ltd on Friday warned the local government of power cuts
and Kejriwal responded with a warning of a possible cancellation of
its licences. But Delhi’s power sector regulator approved a 6-8 per
cent tariff increase.
(Reporting
by Mayank Bhardwaj; Editing by Robin Pomeroy)
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