AP power utility moves NCLT against Telangana counterpart over

Image
Press Trust of India Hyderabad
Last Updated : Jan 19 2018 | 6:00 PM IST
Andhra Pradesh Power Generation Corporation (AP Genco) has filed a petition in the Hyderabad bench of the National Company Law Tribunal (NCLT) for recovery of "dues" of nearly Rs 4,500 crore from Northern Power Distribution Company of Telangana (TS NPDCL).
"We have filed a petition in the NCLT (against TS NPDCL). We exhausted all options. We have to get nearly Rs 4,500 crore towards dues," AP Genco managing director K Vijayanad told PTI.
A senior official of the AP power utility said they had filed a similar petition last year also but withdrew it because of some technical issues.
A fresh petition was filed earlier this month, he said.
When contacted, TS TRANSCO chairman and managing director D Prabhakar Rao said they are not aware of the fresh petition and would respond once they are communicated.
TS NPDCL is an arm of TS TRANSCO (Transmission Corporation of Telangana Ltd).
In June last year, power transmission was suspended between Andhra Pradesh and Telangana following claims of non- payment of dues to each other by the discoms of the two states.
The undivided AP had power generation capacity of 16,465 MW.
After the state's bifurcation on June 2, 2014, over 60 per cent of the power plants by capacity became part of the residual AP. Telangana got less than 40 per cent as its share, leaving the newly carved state with power shortage then.
As per the Andhra Pradesh Reorganisation Act, the combined power generated in both the states was to be shared in 43:57 ratio between Telangana and Andhra Pradesh.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Jan 19 2018 | 6:00 PM IST

Next Story