'NALCO owes Rs 496.23 cr as power bill to Orissa'

Image
Press Trust of India Bhubaneswar
Last Updated : Jan 20 2013 | 10:14 PM IST

Power dues amounting to Rs 630 crore were pending in Orissa with 34 companies, including public sector National Aluminium Company Limited (NALCO) and Rourkela Steel Plant (RSP).     

This was stated by state Energy Minister Atanu S Nayak while replying to a question in the Assembly yesterday.     

"Maximum arrear of Rs 496.23 crore towards electricity bill was pending with NALCO by end of 2008-09," the minister shared adding the Navratna company had, however, paid Rs 156 crore as per an interim order of the Orissa High Court.     

As the matter relating to NALCO was sub-judice, the minister added, the state government was not sure on the time limit within which the company would make full payment.     

NALCO was followed by RSP, another CPSU, with an arrear of Rs 50.96 crore. Dues with Oswal Chemical & Fertiliser, Paradeep, also stood at Rs 28.24 Crore, he said.     

While private sector Ballarpur Industries Limited, Jeypore owes Rs 11.69 crore as power bill, ICCL/IMFA, Choudwar is to pay Rs 1.18 crore to the state towards electricity bill.     

Dues of other companies are: Aarati Steel & Power Limited, Cuttack (Rs 13.16 cr), Shree Metalicks, Keonjhar (Rs 8.11 crore), and ESPL, Jharsuguda (Rs 1.91 cr).

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Jul 15 2009 | 10:36 AM IST

Next Story