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Supreme Court directs BSES to pay Rs 690 crore to NTPC

06 May 2014 Evaluate

The Supreme Court has directed power distribution company BSES in Delhi to pay Rs 690 crore to NTPC by May 31 for the power purchased. The non-payment of dues will lead to vacation of stay on disconnection notice served to BSES by NTPC.

NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.

Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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