In a notice sent to the Meghalaya Energy Corporation Ltd (MeECL) yesterday, NTPC said it has received less than 15 per cent of the total dues for July and August.
This is the second such notice in as many months to the hill state. The PSU power firm had earlier sent a similar notice in August when MeECL had defaulted over 80 per cent of the total payment. However, it paid the amount later.
"Since MeECL has not fully paid the bills raised on August 6 and has defaulted beyond 60 days in payments of monthly bills...(so the) notice for regulation of power supply on MeECL is hereby given," NTPC said.
Earlier NTPC had raised bills amounting to Rs 10.53 crore and Rs 10.04 crore on August 6 and September 5 respectively for power supplied during July and August.
Till date, MeECL has released only Rs 3.05 crore. An amount of Rs 17.52 crore remains outstanding against the bill towards energy supplied during July 2013 and August 2013 to MeECL.
"Further, the LC of MeECL (valid till May 2014) available with NTPC has also not been recouped by MeECL after its last payment on May 31," NTPC said, adding, it will explore opportunities with other states, mainly in the Eastern and North Eastern regions, to supply the additional power that will arise after reducing the same to Meghalaya.
When contacted, Meghalaya power minister Clement Marak said: "I am not aware of this development. I have to find out from my officials. I have not been informed yet."NTPC supplies a total of 41.02 MW power to Meghalaya from four stations -- Farakka-I, Kahalgaon-I and II and Talcher-I.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)