Vedanta asks Odisha to clear Rs 700-cr power bill

November 01, 2012 22:13

The Vedanta Group today said it wanted the Odisha government to pay Rs 700 crore towards cost of power drawn from the company's thermal unit at Jharsuguda.

"We want the Odisha government to pay us Rs 700 crore soon towards the power bill. I believe the payment will be made to us," Vedanta Group chairman Anil Agarwal told reporters after meeting state Chief Minister Naveen Patnaik.

Stating that Sterlite, the company's sister concern, set up a thermal power plant at Jharsuguda by investing Rs 10,000 crore, Agarwal said the state government was being supplied 25 per cent of the total generation of electricity.

« Back to LIVE

TOP STORIES

Age limits on health insurance policies removed

The Insurance Regulatory and Development Authority of India (IRDAI) has removed the age cap on buying health insurance policies, effective from April 1, 2024. Earlier, individuals were restricted to purchasing new insurance policies...

Did Jadeja Take IPL 2024's Best Catch?

Jadeja dived full-length to his left, defying gravity as he snagged the ball with his outstretched left hand. Disbelief washed over the crowd as both Rahul and CSK Skipper Ruturaj Gaikwad, stationed nearby, watched the improbable catch...

It's 30 Years of Pulp Fiction!

The cult film celebrated his landmark on April 18 with a special screening in Los Angeles.

It's perform or perish time for RCB against KKR

With five consecutive defeats, bottom-placed Royal Challengers Bangalore confront the daunting task of winning their remaining seven games to keep their play-off prospects alive in IPL 2024.

Elon Musk postpones India visit; cites Tesla 'obligations' as reason

American tech billionaire Elon Musk on Saturday said his proposed visit to India has been postponed due to "very heavy Tesla obligations". The electric carmaker Tesla CEO -- who was expected to be in India on April 21 and 22 and...