Central Electricity Regulatory Commission (CERC) has rejected a plea by Tangedco to recall or modify an earlier order directing the Atate utility to pay 75% of its undisputed dues to private power producer D.B. Power Limited.
In an order dated May 26, 2022, the CERC had directed the Tangedco to pay ₹417.19 crore out of the undisputed outstanding amount of ₹556.25 crore to the company on or before June 9, 2022.
D.B. Power had entered a power purchase agreement with Tangedco in 2013 and has been supplying 208 MW power to Tangedco from 1.8.2015.