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AAP warns BYPL, says its licence may be cancelled

By Deepak Nagpal | Last Updated: Friday, January 31, 2014 - 11:38

Zee Media Bureau/Deepak Nagpal

New Delhi: A day after a power discom said that areas in Delhi may face upto 10 hours of power cuts beginning Saturday, the Aam Aadmi Party on Friday warned that BSES Yamuna Power Ltd`s licence could be cancelled.

Reliance Infra-backed power distribution company BSES Yamuna Power Ltd (BYPL) has informed the Delhi government that areas in Central and East Delhi may face eight to 10 hours of power cuts from Saturday as the company was facing serious fund crunch to buy electricity.
Gopal Rai, senior leader of the AAP whose party runs the government in Delhi, today warned that strict action will be taken against BYPL if it resorts to power cuts.

Saying the threat was a result of audit of power companies in Delhi, Rai said the government could even cancel BYPL`s licence.
In a letter to Delhi`s Power Secretary Puneet Goel, BYPL sought immediate financial assistance from the government to deal with the "difficult" situation as it was not being able to make payments to various state-run power generators including NTPC and NHPC.

The discom said banks have "withdrawn new funding support" owing to accumulated revenue arrears of Rs 6,200 crore and it was finding it difficult to arrange power for the city.

First Published: Friday, January 31, 2014 - 11:38
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