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Aes Looks To Recover Rs 209 Crore Gridco Dues

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BUSINESS STANDARD

After Enron-promoted Dabhol Power Company (DPC) in Maharashtra, AES is now exploring various options for recovering the Rs 209 crore dues from the state-run Grid Corporation of Orissa (Gridco).

AES is the 49 per cent stake holder in Orissa Power Generation Company (OPGC) owning two units of 210 mw each in the Ib valley complex. It supplies power through the transmission company, Gridco.

 

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First Published: Jun 06 2001 | 12:00 AM IST

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