POWER

‘Clear dues immediately’: Centre raps UP for ‘discriminatory’ behaviour towards independent power producers

Days after the Uttar Pradesh Power Corporation (UPPCL) wrote to the Ministry of Power (MoP) seeking its “appreciation” and “support” for the “innovative approach” of forcing independent power producers (IPPs) in the state to offer “rebates” to get their overdues cleared, the Centre has turned down the proposal and asked the state utility to clear the remaining payments of the IPPs forthwith.

Taking strong objection to the “unfair” and “discriminatory” approach of UPPCL as far as clearing the payments of private power producers was concerned, senior officials of the Ministry of Power are said to have told the UPPCL top brass that this behaviour does not behove of a sovereign entity.

Source
financial express
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