Shillong, April 19: Clearing of the excellent dues amounting to Rs 565 crore to Nationwide Thermal Energy Company Ltd (NTPC) can be accomplished by March 2026.
The excellent with the NTPC as on March 31, 2023 was Rs 664 crore legal responsibility after adjustment with LPSC solely.
With negotiations with the NTPC officers, it was agreed to settle the above excellent at Rs 565 crore.
It might be talked about right here that there is no such thing as a area out there for availing working capital mortgage by the MePDCL by itself as per the restrict prescribed beneath the Meghalaya Electrical energy tariff rules learn with further prudential norms notified by the Ministry of Energy, Authorities of India on this regard.
“The federal government of Meghalaya, subsequently, agreed to the liquidation plan for clearing of the excellent dues and to liquidate the dues in 36 equal month-to-month instalments with impact from April 2023 at Rs 15.70 crore monthly. The clearing of excellent due is happening month-to-month foundation and shall be accomplished by March 2026,” sources within the energy division stated.
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