POWER

Chhattisgarh CM urges Centre to recognise CSPDCL as ‘Independent Power Producer’

Chief Minister Bhupesh Baghel on Wednesday urged Union Power Minister R K Singh to recognise Chhattisgarh State Power Distribution Company Limited (CSPDCL) as an Independent Power Producer (IPP) for facilitating payment of dues of Rs 2,000 crores pending on the Telangana State Power Company.

In his letter, the Chief Minister informed the Union Minister that Telangana is being continuously supplied power under a long term PPA executed between CSPDCL and Telangana State power companies on 22 September 2015 for power supply from 1000 MW capacity Atal Bihari Thermal Power Project (Madwa) established under state sector in Chhattisgarh.

He further maintained that the payment of dues of more than Rs 2,000 crore is pending on the power company of Telangana State as on 31 March 2020, due to which CSPDCL is going through financial stress.

Source
ET Energy World
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