NEEPCO restores power supply to Meghalaya, load shedding lifted
The North Eastern Electric Power Corporation Limited (NEEPCO) has lifted the regulation of power supply after the state government has assured to clear the outstanding dues in three instalments.
Announcing this decision, Power Minister James K Sangma also declared that there will be no more load shedding from Tuesday.
“I’m happy to inform that due to concerted efforts of Power Dept., CMD (MeECL) & constant support & guidance of Hon’ble Chief Minister @SangmaConrad, NEEPCO has withdrawn Power regulation today. No more load shedding from 2 PM onwards,” Sangma said on his social media handle.
The NEEPCO in its letter to the Chairman cum Managing Director (CMD) of Meghalaya Energy Corporation Limited (MeECL) however maintained that further course of action by NEEPCO will be guided by the outcome of the updates on the steps taken by the MeECL.
“In consideration of your assurances for payment of the balance dues in three equal instalments in April, May and June, the regulation notice issued vide our No NEEPCO/ED/COMML/R-16/1746 dated 16.3.2021 is being withdrawn with effect from 14:00 hrs of March 23,” NEEPCO Executive Director (Commercial) NK Mao said in the letter.
“However, NEEPCO will regularly update itself regarding the specific steps taken by MeECL towards lodging of disbursal request with REC/PFC for second tranche of loan including fulfillment of enabling pre-conditionalities for disbursement to avert eleventh hour financial crisis in NEEPCO that may hamper its operations. Further course of action by NEEPCO will be guided by the outcome of such updates,” he added.
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