September 26, 2022

Adani Energy Maharashtra Ltd (APML) has shot off a letter to Maharashtra State Electrical energy Distribution Co. Ltd for cost of Rs 10,135 crore towards provide of electrical energy by APML following the apex court docket’s path to pay not less than 50 per cent of the excellent dues.

Referring to the Supreme Courtroom order on January 31, 2022, the letter reviewed by PTI mentioned Maharashtra State Electrical energy Distribution Co. Ltd (MSEDCL) is required to pay 50 per cent of the excellent quantity to APML inside 4 weeks.

“We request you to kindly launch Rs 10,135 crore being 50 per cent of the excellent claimed quantity on or earlier than February 28, 2022 and adjust to the Supreme Courtroom order,” the letter dated February 1, 2022, mentioned.

“This letter is with out prejudices to our rights and contentions below the Energy Buy Agreements and relevant regulation,” it mentioned.

Being attentive to the rising discoms’ excellent dues within the nation which have crossed Rs 1 lakh crore, the Supreme Courtroom on Monday famous that if state-run energy distribution corporations don’t promptly clear dues to electrical energy turbines, the latter will shut and there might be no electrical energy.

The warning got here from a bench comprising Chief Justice N V Ramana and Justices A S Bopanna and Hima Kohli on plea of APML which had sought not less than 50 per cent cost of dues for energy equipped to MSEDCL.

The bench directed MSEDCL to pay 50 per cent dues to APML inside 4 weeks.

In keeping with PRAAPTI (Fee Ratification And Evaluation in Energy procurement for bringing Transparency in Invoicing of turbines) portal, complete excellent dues of energy distribution companies are Rs 1,17,600 crore as of February 2022.

As per the portal, complete dues of discoms in Maharashtra are Rs 21,070 crore.

APML is the most important coal-based thermal energy plant in Maharashtra. The plant has a capability to generate 3300 MW energy by means of its 5 models of 660 MW capability every at Tiroda in district Gondia.

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