PCMC approves Rs 12 crore payment to transport utility

PCMC approves Rs 12 crore payment to transport utility

Pune: Relief came for the cash-strapped PMPML on Thursday with the Pimpri Chinchwad Municipal Corporation approving Rs12 crore for the transport utility at its standing committee meeting. Nitin Landge, chairman of the panel of the Pimpri Chinchwad Municipal Corporation (PCMC), confirmed the development and said it was now up to the PMPML (Pune MahanagarParivahanMahamandal Limited) on how to use the money. “The transport utility has been facing issues in paying Rs53 crore to the Maharashtra Natural Gas Limited (MNGL) against the CNG supplied to it,” Landge told TOI, adding that the PMPML should now ensure proper services in the PCMC limits. Last week, the MNGL had sent a letter to the PMPML stating that if its dues were not cleared, the CNG supply to the transport utility would be stopped from June. Deepak Sawant, the director of the board of the MNGL, had said the pandemic had resulted in problems for them too and that the PMPML needed to ensure that it at least paid Rs30 crore of its outstanding amount to ensure the supply of the CNG. Congratulations! You have successfully cast your voteRajendra Jagtap, the chairman-cum-managing director of the PMPML, had earlier said the Pune Municipal Corporation had paid its monthly contribution of Rs20 crore and funds from the PCMC was awaited. “If the PCMC pays us for both the months (April and May), we may be able to pay the MNGL all of Rs12 crore for the month of May. If only Rs12 crore come, we can pay only up to Rs5 crore to them (MNGL),” the CMD said on WednesdayAnother official of the transport utility said the Pune and Pimpri Chinchwad municipal corporations paid for the operational losses of the PMPML at a ratio of 60:40. “The PMC pays around Rs20 crore each month, while the PCMC pays around Rs 12 crore per month. The money which has come from the PCMC is for one month and the payment for another month is pending. Some of this can be paid to the MNGL but we cannot comment on whether the issue would be solved,” the official said.

https://timesofindia.indiatimes.com/city/pune/pcmc-approves-rs-12-crore-payment-to-transport-utility/articleshow/83017497.cms

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