Business

BSES discoms pay Rs 400-crore dues to Aravali Power

BSES discoms pay Rs 400-crore dues to Aravali Power
Written by admin
BSES discoms pay Rs 400-crore dues to Aravali Power

BSES discoms pay Rs 400-crore dues to Aravali Energy

BRPL & BYPL are power distribution companies and joint ventures (JVs) between Reliance Infrastructure and the government of National Capital Territory of Delhi.BRPL & BYPL are energy distribution firms and joint ventures (JVs) between Reliance Infrastructure and the federal government of Nationwide Capital Territory of Delhi.

BSES Rajdhani Energy (BRPL) and BSES Yamuna Energy (BYPL) have paid Aravali Energy (APCPL) Rs 352.27 crore and Rs 47.34 crore, respectively, on January 11 as per demand, a spokesperson stated, including that the difficulty has been resolved.

“BSES discoms are dedicated to provide dependable and uninterrupted energy provide to round 46 lakh customers in Delhi,” the spokesperson added.

BRPL & BYPL are energy distribution firms and joint ventures (JVs) between Reliance Infrastructure and the federal government of Nationwide Capital Territory of Delhi.

On January 2, Aravali Energy, a JV of NTPC, HPGCL and IPGCL, had issued notices to BRPL and BYPL in direction of the default in cost of dues of Rs 352.27 crore within the case of BRPL and Rs 47.34 crore within the case of BYPL.

The discover had directed the discoms to make the cost inside 10 days of the discover, failing which APCPL had threatened to provoke a company insolvency decision course of in opposition to the discoms.

Get dwell Inventory Costs from BSE, NSE, US Market and newest NAV, portfolio of Mutual Funds, Try newest IPO Information, Greatest Performing IPOs, calculate your tax by Revenue Tax Calculator, know market’s Prime Gainers, Prime Losers & Greatest Fairness Funds. Like us on Fb and comply with us on Twitter.

telegramGadgetClock is now on Telegram. Click on right here to affix our channel and keep up to date with the most recent Biz information and updates.


#BSES #discoms #pay #400crore #dues #Aravali #Energy

Don't Miss Latest Updates From Gadget Clock. Enter Your Email

About the author

admin

Leave a Comment