BSES Delhi says issues over payments to NTPC will be resolved

September 2nd, 2011 - 10:08 pm ICT by IANS  

New Delhi, Sep 2 (IANS) BSES Delhi, the utility that distributes electricity to certain parts of the national capital, Friday said all issues relating to some payments to state-run NTPC will be resolved soon.

“BSES Delhi is in discussion with NTPC and bankers for resolution of the issue,” the company said in a statement.

“BSES stands committed to its 28 lakh consumers and will make all efforts to ensure no inconvenience is caused to our customers.”

The assurance follows a notice served by NTPC on BSES Delhi demanding outstanding dues for supply of power, and renewal of the letter of credit.

BSES Delhi has been given time till Sep 7 to resolve the matter.

Otherwise, NTPC says it has the sanction as per its agreement with BSES Delhi to “regulate” the supply of power for 90 days and subsequently even that to terminate the agreement.

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