News Business Reliance cos have a history of payment defaults: NTPC

Reliance cos have a history of payment defaults: NTPC

New Delhi: Warning of a cut in power supplies in the National Capital, state-owned NTPC today said Reliance Group owned distribution companies here have a history of payment defaults and their electricity supply would be

Choudhury said the companies have a history of payment issues.

He said, “This is not the first notice on BSES. They have been constantly defaulting in their payment security mechanism and this time it is the outstanding dues also.”

However, the company added that there are no payment issues with Tata Power Delhi Distribution Limited, another discom which supplies electricity in the National Capital.

“Tata Power has been paying their bills in time, we never had a problem with them. With BSES this is the third time weare facing problems,” Choudhury added.

“We do not have TPA (Third Party Protection Audit) with the Delhi government like other governments. The discoms (inother states) are saved by state governments  through the TPAs, under which we get payment from the states under the state allocation,” he said.

These bills, due to BSES Rajdhani and Yamuna, are for the amount of power consumed in December and billed in January to be payable by the end of January.

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