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Tripura averts power disconnection by NEEPCO

By Correspondent
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AGARTALA, April 6 - In the face of a terse disconnection notice, Tripura State Electricity Corporation Ltd (TSECL) has finally released Rs 10 crore of its dues to NEEPCO to avert a power crisis in Tripura.

The NEEPCO had served a notice to TSECL giving it a terse warning that it would discontinue 100/110 MW power supply from Tuesday if the pending bill is not cleared immediately.

But TSECL, which is facing a serious fiscal crisis, has reportedly released Rs 10 crore to NEEPCO. It also promised to clear the pending bill amounting to Rs 180 crore in a phased manner but did not give any time-frame. According to sources, NEEPCO has agreed on continuing power supply to TSECL only for two months.

The OTPC is also supposed to get a huge amount from TSECL and it may serve an ultimatum to TSECL, the State�s lone power generation and distribution company.

Speaking to the media here, Principal Secretary SK Rakesh confirmed the release of some amount of TSECL�s dues to NEEPCO. He said, �NEEPCO will continue to supply power to TSECL�.

On gas supply to Monarchak power plant, the Principal Secretary said the ONGC would arrange gas for the plant by July itself and the combine cycle power plant will be fully operational by November. He further said the TSECL has started supplying 100 MW power to Bangladesh.

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Tripura averts power disconnection by NEEPCO

AGARTALA, April 6 - In the face of a terse disconnection notice, Tripura State Electricity Corporation Ltd (TSECL) has finally released Rs 10 crore of its dues to NEEPCO to avert a power crisis in Tripura.

The NEEPCO had served a notice to TSECL giving it a terse warning that it would discontinue 100/110 MW power supply from Tuesday if the pending bill is not cleared immediately.

But TSECL, which is facing a serious fiscal crisis, has reportedly released Rs 10 crore to NEEPCO. It also promised to clear the pending bill amounting to Rs 180 crore in a phased manner but did not give any time-frame. According to sources, NEEPCO has agreed on continuing power supply to TSECL only for two months.

The OTPC is also supposed to get a huge amount from TSECL and it may serve an ultimatum to TSECL, the State�s lone power generation and distribution company.

Speaking to the media here, Principal Secretary SK Rakesh confirmed the release of some amount of TSECL�s dues to NEEPCO. He said, �NEEPCO will continue to supply power to TSECL�.

On gas supply to Monarchak power plant, the Principal Secretary said the ONGC would arrange gas for the plant by July itself and the combine cycle power plant will be fully operational by November. He further said the TSECL has started supplying 100 MW power to Bangladesh.

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