Back to Career News

Non-Payment of Dues May Cause Power Cuts in Three Southern States from Feb 9

February 06, 2019

Non-Payment of Dues May Cause Power Cuts in Three Southern States from Feb 9
NTPC Ltd. has issued notices to Karnataka, Andhra Pradesh, and Telangana regarding outstanding dues for more than 2 months and may start regulating the power supply for them from February 9 onwards. 

NPTC executives said that the company has total outstanding dues of a little over ₹7,800 crores from all states but Karnataka, Andhra Pradesh, Telangana, Uttar Pradesh, J&K are the biggest laggers. The dues from three southern states alone stand at ₹4,890 crores which is why the company will start regulating power to these states from February 9, they said.

Image Source

Recommended for you ...

BharatPe Launches 'BharatPe One' All-in-One Payment Product for Merchants
BharatPe Launches 'BharatPe One' All-in-One Payment Product for Merchants

April 26, 2024

Credit Card Spending Surges in India During FY 2023-24
Credit Card Spending Surges in India During FY 2023-24

April 26, 2024

Banks and Lenders Rethink Personal Loan Portfolios Amid Regulatory Changes
Banks and Lenders Rethink Personal Loan Portfolios Amid Regulatory Changes

April 26, 2024

Chat on WhatsApp