POWER

Jharkhand: DVC to regulate power supply in 7 dists from June 1

Amidst reports of reduction of power supplies to seven districts of Jharkhand by Damodar Valley Corporation (DVC) with effect from July 1 over non-payment of power bills, Jharkhand Bijli Vitaran Nigam Ltd.(JBVNL) on Sunday said steps have been initiated for early release of funds to the power major.

Earlier this year from February 28 to March 14, DVC had cut power supplies to the seven districts — Dhanbad, Ramgarh, Hazaribagh, Koderma, Bokaro, Giridih and Chatra — by as much as 50 per cent after JBVNL faulted on payment of monthly power bills.

“Talks are on with DVC on pending power bills. Payments to DVC have been delayed due to the ongoing Covid-19 pandemic. Since JBVNL has purchased power from DVC, payments will be made. Delays in payments since March this year are due to reasons beyond our control. Steps have been initiated for early release of pending payments to the power major,” Rishi Nandan, general manager (commercial), JBVNL, told TOI.

Power sources revealed that while no formal notice has been issued regarding reduction of power supplies to Jharkhand, DVC officials have already communicated to that they will begin to regulate power supplies with effect from July 1, next week, if pending power bills are not cleared by JBVNL.

Source
ET Energy World
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