The Delhi Electricity Regulatory Commission (DERC) has directed BSES Rajdhani Power (BRPL) to meet its obligations to the Timarpur-Okhla Waste Management company (TOWMCL), a subsidiary of Jindal ITFL.
TOWMCL had appealed to DERC that BRPL pay its dues, petitioning that BRPL must issue letters of credit regularly, pay late payment surcharges for the delay in processing bills, and refund the wheeling charges.
TOWML claims that BRPL violated numerous terms and conditions of the energy purchase agreement dated January 20, 2010 (amended on July 27, 2011), especially concerning the non-opening of the letter of credit (LC), which is BRPL’s contractual obligation. Read the DERC’s full order here.
In related news, DERC also recently the gave the green signal to TOWML’s petition to approve the plant’s revised declared capacity from 16 MW to 23 MW. TOWML has claimed that technological upgrades such as “improvement of plant technology, adding of brush seals in the turbine, improvement in the segregation of waste by installing ballistic separator” resulted in an increase in calorific value and generation capacity from 16 MW to 23 MW.
Picture credit: ecoprog