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Cash-strapped state power cos stave off power purchase

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Cash-strapped state power utilities have cut offtake from thermal power generators, hitting their output and driving down tariffs in the short-term market. These utilities, which buy the entire output of thermal power generators such as NTPC, Adani Power and Monnet Ispat, have cut offtake because of a cash crunch and are resorting to load shedding. The accumulated losses of these utilities are expected to touch almost Rs 150,000 crore by 2014-15, against Rs 70,000 crore now.

Contact: Adani Power Ltd. Tel: 079-2555 6900. Fax: 079-2555 7177. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.  Website: www.adanipower.com

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