2 weeks ago

Centre tells Supreme Court Punjab close to BBMB dues settlement

Centre tells Supreme Court Punjab close to BBMB dues settlement
‘Punjab very close to amicable settlement’ · thehansindia.com

This is a story about three states in India — Punjab, Himachal Pradesh and Haryana — that have been fighting over electricity and money for a very long time.

A special board called the Bhakra Beas Management Board runs dams and power projects that make electricity for these states.

Himachal Pradesh says Punjab and Haryana owe it a huge amount of electricity.

To solve this, the central government of India made a plan where the states would pay the debt in electricity instead of cash.

Two of the states agreed to the plan, but Punjab did not at first.

The Supreme Court, which is the highest court in India, asked everyone to find an agreement.

On the latest hearing day, the government's top lawyer said Punjab is now very close to saying yes.

Everyone expects the differences to be resolved soon.

The court will meet again on August 20 to hear the final answer.

Key facts

Dispute origin
Dues arising from BBMB projects since 1966
Outstanding dues
13,066 million units of electricity owed by Punjab and Haryana
Himachal Pradesh's electricity share
7.19 per cent paid by BBMB after November 1, 2011
Himachal Pradesh's dues
Rs 420 crore to Punjab and Haryana, to be adjusted from the 13,066 million units
Proposed settlement
Cashless payout in energy terms, as no consensus was reached on the electricity rate
Proposal announced
July 30, when the Centre told the apex court an amicable settlement was possible
Bench
Chief Justice Surya Kant, Justices Joymalya Bagchi and V Mohana
Next hearing
August 20

Quotes

R Venkataramani

Attorney General for the Government of India

“"Punjab is coming very close," the Attorney General said, "I think we are going to iron out the creases."”
thehansindia.com

Sources

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