NTPC resumes power supply after Sikkim govt assures payment

    New Delhi, Mar 7 (PTI) NTPC has restored power supply to Sikkim after the state's assurance of paying the outstanding amount of Rs 89-crore in a time-bound manner, a company official said on Sunday.
    From midnight of March 3, the country's largest power producer NTPC had stopped 105 megawatt (MW) of power supply to Sikkim because of non-payment of Rs 89 crore outstanding dues. Despite the requirement of a Letter of Credit, Sikkim was not maintaining the same.
    "NTPC Ltd has today (March 7) restored power supply to the state from 00:00 hours," the official said.
    Sikkim has committed to releasing the outstanding amount within the time frame of six months. It has opened a Letter of Credit (LC) and the state has paid bills for two months to NTPC, the official informed.
    The power distribution utilities are mandated to open a Letter of Credit for getting power supply from generation firms.
    NTPC, under the Ministry of Power, is India's largest power producer. At present, the company's installed capacity is 64,880 MW. PTI ABI KKS ANZ BAL

(This story has not been edited by THE WEEK and is auto-generated from PTI)