Nalco, SAIL power duty arrears at Rs 1,156 cr

The issue of ED dues will be placed before the meeting of the state chief secretary with the Union secretaries of steel & mines scheduled on May 12

The Odisha government is likely to flag off the issue of pending electricity duty (ED) arrears amounting to Rs 1,156.32 crore of National Aluminium Company (Nalco) and the Rourkela unit of steel major Steel Authority of India Ltd (SAIL) with the Centre.

The issue of ED dues is set to be placed during a meeting of the state chief secretary J K Mohapatra with the Union secretaries of steel & mines scheduled on May 12. The ED dues of Nalco and RSP are pegged at Rs 1,095.07 crore and Rs 61.25 crore respectively.

Both the PSUs have gone to the court contesting the claim. While Nalco is fighting it out in the Supreme Court, RSP’s case is pending in the Odisha High Court. Besides these two Central PSUs, there are also other defaulters who have gone to the court against the state’s ED claims putting a question mark on the collection of combined dues of Rs 1303.51 crore which is now locked up in litigations.

Other industries with ED dues against them are Indian Metals & Ferro Alloys Ltd- IMFA (Rs 40.26 crore), Paradeep Phosphates Ltd- PPL (Rs 18.90 crore), Ballarpur Industries Ltd, Jeypore (Rs 33.03 crore), Mangalam Timbers Production Ltd, Nabarangpur (Rs 13 lakh), Shree Mahavir Ferro Alloys Ltd, Sundargarh (Rs 6.74 crore), Bindal Sponge Pvt Ltd- Talcher (Rs 7.09 crore), Maithan Ispat Ltd- Jajpur (Rs 16.83 crore), OSWAL Chemicals & Fertilizers Ltd (Rs 18.59 crore), Jayashree Chemicals Ltd- Ganjam (Rs 4.5 crore) and Shree Metalicks Ltd- Barbil (Rs 33 lakh).