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Assam, M’laya put NEEPCO in red

By AT News |

North-East Electric Power Corporation has yet to get a whopping Rs 1,000 crore outstanding amount from Assam and Meghalaya as power dues.

According to NEEPCO Chairman and Managing Director P C Pankaj, they have yet to realize Rs 536.64 crore from Assam. The outstanding amount for Meghalaya stands at Rs 429.4 crore.

“The actual amount of due for receipt from Assam and Meghalaya was Rs 269.2 crore and Rs 288.21 crore, respectively, with a surcharge of Rs 267.44 crore and Rs 140.83 crore,” he said.

Same it is in the case of other north-eastern states. According to information, Tripura has Rs 89.74 crore outstanding amount to be followed by Manipur  with Rs 68.14 crore. The outstanding amount for Arunachal Pradesh stands at Rs 26.16 crore.

With this, NEEPCO is to receive an amount of Rs 1,186.24 crore as cumulative power dues from these states as of June 2015.

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