Delhi Power crisis: AAP, regulator working on quick-fix solutions

By on February 2, 2014

The Aam Aadmi Party (AAP) led Delhi government and Delhi Electricity Regulatory Commission (DERC) are trying to resolve the electricity crisis staring at the city.

Sources in the power department said that a crucial meeting was likely to take place to resolve the issue of providing short-term loans on Monday.

“The discoms are likely to meet Power Finance Corporation and Rural Electrification Corporation on Monday for loans. The government has said NTPC will not snap supplies till February 10/11,” said a senior power department official.

According to sources, the Delhi government and DERC have already held marathon meetings to devise ways on how the two discoms could get short-term loans. Read latest News of AAP Delhi here.

“Discoms are looking at all possible alternatives to resolve the crisis. We also held meetings with them. Discoms are also trying to arrange funds to ensure they are able to make the payments as soon as possible,” said PD Sudhakar, DERC chairman. He assured the city would not face power cuts.

Officials said if the discom BSES Yamuna Power Limited (BYPL) was able to get a short-term loan, it will suffice for at least a month or more.

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