Power Producers Assoc. urges MPPMCL to immediate release outstanding dues of Rs 2,433-Cr
Power Producers Assoc. urges MPPMCL to immediate release outstanding dues of Rs 2,433-Cr
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The Association of Power Producers (APP) has urged MP Power Management Company Ltd (MPPMCL) to release right away at least 70 percent of long outstanding dues of Rs 2,433 cr to power producers.

Vide letter on August 31 to Akash Tripathi, managing director of MP Power Management Company Ltd, APP has said: ''In the absence of receiving regular payments against invoices raised for the supply of electricity, the ‘independent power producers’ are finding it very difficult to sustain operation of their plants without timely inflow of revenues.'' The body stated that the total cumulative amount to be paid to the generators, which was around Rs 1,791 crore as on May 16, has now touched Rs 2,433 crore.

''We request your support in releasing at least 70 percent of the arrear amount to all the generators without any further delay so as to enable them to pay for coal, freight, water, spares and consumables, salaries of the employees and statutory dues to various agencies,'' it stated.

It also mentioned in the letter, ''Your timely action on the above will help with the continuation of power supply without any disruption or inconvenience to the end consumers in the state,'' the copy of which is also marked to Vivek Kumar Dewangan, additional secretary of Ministry of Power, and Sanjay Dubey, principal secretary (energy) of Government of Madhya Pradesh.

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