BackSC to hear discoms’ payment of dues matter on 16 December
The dispute pertains to outstanding dues of discoms towards power generating and transmission firms for January-June
Premium
New Delhi: The Supreme Court will hear a case related to payment of dues by power distribution companies (discoms) BSES Yamuna Power Ltd and BSES Rajdhani Power Ltd on 16 December.
A bench with justices J. Chelameswar and S.A. Bobde was told by BSES Yamuna and BSES Rajdhani that there were three issues that the court needed to decide on, including whether the tariff fixed was reflective of the actual cost being incurred by the two Anil Ambani-owned companies.
The dispute pertains to outstanding dues of the companies towards power generating and transmission companies for the period between January and June. In July, a bench of then chief justice R.M. Lodha and justices Madan B. Lokur and Kurien Joseph had directed BSES Yamuna to pay its dues by 15 July. The court had not passed any orders regarding BSES Rajdhani since it was told that it had paid 94% of its dues.
As on 30 June, BSES Yamuna has to make a payment of ₹ 161 crore to various electricity transmission and generating companies, according to a company spokesperson.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!
