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Tripura’s miserable Load-Shedding continue : Over Rs 500 crores debts to power plants under Manik Sarkar’s CPI-M regime likely root cause of massive load-shedding in BJP era ?
TIWN June 23, 2019
Tripura’s miserable Load-Shedding continue : Over Rs 500 crores debts to power plants under Manik Sarkar’s CPI-M regime likely root cause of massive load-shedding in BJP era ?
PHOTO : OTPC Power Plant.

AGARTALA, June 23 (TIWN): Tripura’s massive load-shedding problems mainly due to unpaid huge dues to power plants OTPC, NEEPCO and others since 15 years mostly under CPI-M regime, so power generation plants left with no choice but to reduce supply. A big mystery has been hidden how CPI-M Govt left hundreds of crores huge debts to NEEPCO, OTPC and other power plants ? According to TIWN investigation, in the ending years of Manik Sarkar’s CPI-M Govt, the State Govt took 250 crores of loans from UBI bank at 10% interest to clear debts to power plants m. But after coming in power, BJP Govt didn’t explain the issues to masses neither shared solution. However CPI-M Govt on that time led by power minister Manik Dey said due to fund deprivation led by Modi Govt the bills were mounting up. Another cause was shown that Tripura Govt distributing power at minimum rate in comparison to other states. However, how the bill was cleared it would be interesting for media to know. Otherwise, question raises, whether this is the cause of massive power cuts ?According to 2016’s report, Tripura Electricity Corporation Ltd (TSECL) which decided to take a loan of Rs. 250 crore after it faced severe financial crisis for a long time, is yet to clear the whole bill of the Power Plants.

Tripura’s unlighted power department is throwing stones in dark and taking high risks to clear the bills at any cost now, as the interest of the bill is increasing day by day.

Due to the severe financial crisis, TSECL has not been able to clear the dues of two electricity generation companies- OTPC and NEEPCO. The due payment of OTPC’s bill stands at Rs. 132 crore, and the region power generation company- NEEPCO is to receive Rs. 168 crore from TSECL.

While both companies are insisting for clearing the pending bills, TSECL is not in a position to make payment against consumed electricity.

After suffered by the severe financial crisis, the state government had approached the Centre to provide loan under ‘Uday’ but the state’s plea was rejected as TSECL has no debt or loan.

So, to avail the opportunity TSECL has decided to take a Rs 250 crore loan from the UBI.

 In the first two years, TSECL will receive Rs. 200 crore while remaining Rs. 50 crore will be released in the third year. TSECL is also going to promote its transmission line to reduce transmission loss of 30% which is a major concern for the corporation.

However, later various media claimed that the total billing was pending over 500 crores.

Tripura is now suffering form massive load-shedding problem eventhough the BJP Govt said there is no crisis in power surplus.

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