State-run power producer NTPC owe around Rs 500 to the coal PSU, DVC has an outstanding dues of around Rs 1,500 crore, the official said.

Power companies of states like West Bengal, Chhattisgarh, Rajasthan and Madhya Pradesh also owe dues to CIL, the official said.

An NTPC official said that it has not received any communication in this regard.

The state electricity distribution companies, which buys electricity from power PSUs, like DVC owe significant outstanding dues to power firms as discoms are facing tough financial conditions, a Coal India official said.

In a bid to rescue almost bankrupt state electricity retailers, the Central Government had last month approved a scheme to rejig Rs 4.3-lakh crore debt of the utilities.

The rescue plan, called Ujwal Discom Assurance Yojna or UDAY aims at reviving ailing state electricity boards and operational efficiencies of power distribution companies.

Some of the states that have given their in-principle approval for joining the UDAY scheme to the Power Ministry include Chhattisgarh, Andhra Pradesh, Jharkhand, Rajasthan, Punjab and Jammu & Kashmir.

Latest News  from Business News Desk