DVB ignores NTPC notice

NTPC would be forced to quot;regulatequot; discontinue power supply to the state if they fail to mention the time frame of clearing the dues in two years, Singh said adding that ntpc had rejected DVB8217;s proposal of February to clear its dues over a nine year period with a monthly payment of Rs 20 crore. When contacted, Delhi power minister Narendera Nath said that he had already advised Delhi chief secretary Omesh Sehgal to respond to NTPC accordingly and added that government could also seek court intervention toprevent NTPC from stopping power supply. However, Nath clarified that Delhi government was not in a position to change earlier proposal envisaging a nine year time-frame for clearing dues. DVB8217;s proposal was not acceptable as the long payment schedule would affect NTPC8217;s investment plans, Singh said.