New Delhi: Upset over BSES' failure to pay Rs 3,000 crore to various power generation firms including NTPC, Delhi Chief Minister Sheila Dikshit has taken the matter to Prime Minister Manmohan Singh apprising him of the situation.

Dikshit said she will also brief Union Power Minister Sushil Kumar Shinde about the crisis looming over the city in the wake of various power generation firms threatening to cut supply of power to BSES for failing to pay the dues.

"I already met the Prime Minister. We are holding detailed deliberations on the issue. We will take opinions of Union Power Ministry also before taking a final decision," she said when asked about the issue.

Dikshit said she apprised the Prime Minister about the situation when she called on him on Wednesday.

Delhi's power regulator DERC on Thursday set a deadline of December 27 to Delhi Government to clear its stand on how a whopping Rs 3,000 crore would be arranged to pay the power generation firms if license of BSES to operate in the city was cancelled for defaulting on the payments.

The NTPC has threatened to cut supply of 2,000 MW of power to BSES if it fails pay the dues by January 7. If NTPC stops supply of power to BSES, then it may lead to a blackout in 70 percent of the areas in Delhi.

Sources said the BSES has informed Delhi government that it was ready to infuse fresh equity to the tune of around Rs 500 crore and requested the government to do the same so that around Rs 1,000 crore could be generated which then could be used for getting a loan of Rs 5,000 crore.

The BSES had approached IDBI Bank and Power Finance Corporation for a loan of Rs 5,000-crore but the company was told to arrange at least 20 percent of the loan amount (Rs 1,000 crore) on its own to get the loan.

The DERC had slapped notices on BSES on November 25 asking why its licenses should not be suspended for failing to clear huge dues to the generation companies and said if the Commission was not satisfied with replies by the discom, and then it may suspend the license and appoint an administrator to discharge the functions of the licensees.

The discom, replying to a fresh notice earlier this week, could not satisfy the DERC on arranging the funds following which the regulator had asked Delhi government to clear its stand on the issue.

Top officials said, before deciding on infusing fresh equity, Delhi Government would verify with the IDBI bank and Power Finance Corporation whether they are offering any loan to the discom.

Last month NTPC had given a deadline of December 7 to the BSES to pay the dues but following an intervention by the Chief Minister the state-run power generation company had agreed to extend it by a month.

In an earlier submission, Delhi government had informed DERC that it would not provide any financial assistance to BSES or bailout package.

(Agencies)