PowerGrid to ‘fight’ any attempt by DoT to seek additional licence fee

NEW DELHI: Power Grid Corporation of India Ltd (PGCIL) will “fight” any attempts by the Department of Telecommunications (DoT) to seek additional licence fees on the basis of a recent Supreme Court ruling, beyond the amounts that the state-owned enterprise has already paid, a senior official said.

The official at the power transmission provider said the Supreme Court order did not apply to non-telecom companies like PGCIL and therefore it would stand by its earlier assessment of licence fee.

“It should have been specified in the contract,” the official said, on the licence fee that the company has to pay to the government based on the adjusted gross revenue (AGR).