A joint venture of state-run NTPC has decided to snap power supply to three states of Tamil Nadu, Karnataka and Telangana from its Vallure thermal station over non-payment of dues of Rs 1,388 crore. The NTPC Tamil Nadu Energy Company Ltd (NTECL) has issued a notice for regulation of power supply to Tamil Nadu, Telangana and Karnataka to the extent of 1,229 MW from its Vallur Thermal Power Station (1500 MW), for non-payment of long outstanding dues of Rs 1,388 crore, a source said. "The regulation or suspension of power supply shall be implemented from 00:00 hrs of April 26, 2017, and is expected to seriously affect power supply position in these states," the source said. The NTECL, a joint venture company between NTPC and Tamil Nadu Electricity Board, is engaged in generation, transmission and distribution of electricity. The joint venture was formed for setting up a 1,500 mw coal-based power station at Vallur, Ennore in Tamil Nadu utilising the existing infrastructure facility at Ennore and supply power mainly to Tamil Nadu and also to Kerala, Karnataka and Pondicherry.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)