The Punjab State Power Corporation Ltd (PSPCL) has paid about ₹800 crore as the first instalment of coal washing charges to private generators of thermal power at Rajpura and Talwandi Sabo, as per the directions of the Supreme Court.
On March 9, the apex court had directed PSPCL to clear the arrears, along with interest, of the difference between the actual cost incurred by the two private generators and the payment received by them for the supply of washed coal.
As per the order, the arrears are to be paid in two instalments — one before March 31 and the other on or before May 31.
According to PSPCL officials, out of the total arrears of ₹1, 750 crore, Nabha Power Limited (NPL), which operates the Rajpura thermal plant, will get about ₹1, 100 crore, comprising ₹750 crore as the principal amount and about ₹350 crore as the interest amount while the rest will go to the Tawlandi Sabo power plant.
