UP Power Corporation collects revenues of Rs 17,848 cr so far in FY12

Uttar Pradesh Power Corporation has collected revenues of Rs 17,848 crore so far this fiscal, which is Rs 3,500 crore more than 2010-11, official sources said today.

"The Corporation has realised Rs 17,848 crore in 2011-12, which is Rs 3,500 crore more than Rs 14,291 crore realised in 2010-2011," its Joint Managing Director Dheeraj Sahu said.

He said in this month, by March 24, Rs 712 crore has been realised which is more than the amount of Rs 483 crore realised last fiscal.

The corporation has directed officers to speed up process of realising revenue from defaulters and asked them to camp in districts and take support of local officers for the purpose.