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Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Odisha

Odisha Stares At Whooping Rs 6,587 Cr Debt From Four Power Discoms

OMMCOM NEWS by OMMCOM NEWS
December 4, 2024
in Odisha

Bhubaneswar: Four electricity distribution companies of Odisha owe a staggering Rs 6,587 crore to the state.

Deputy Chief Minister KV Singhdeo revealed this in a written reply to the Odisha Assembly, in response to a query from BJP’s Om Prakash Mishra.

The breakdown of the dues is as follows: CESU owes Rs 2,651 crore, NESCO owes Rs 958 crore, WESCO owes Rs 1,676 crore, and SOUTHCO owes Rs 1,300 crore.

According to Singhdeo, the power distribution companies, sponsored by Tata, are collecting pending arrears from the time of previous utility companies and paying the dues to Gridco, as per the OERC vesting order.

Tags: KV Singh DeoOdisha Assembly
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