Discoms’ outstanding dues to power generators rise 24% to Rs 39,498 cr


Discoms’ outstanding dues to power generators rise 24% to Rs 39,498 cr

Amid stress in the power sector, woes of electricity generating firms have increased further as their outstanding dues on state distribution companies (discoms) rose to Rs 39,498 crore in October 2018, up 24.7 per cent from a year-ago levels, official data showed.

“If the outstanding dues on discoms of the past 60 days get added, the figures would rise to over Rs 50,000 crore,” a senior official of a thermal power company said.

In October 2017, the discoms’ dues to power-producing companies stood at Rs 31,676 crore, the data available on the PRAAPTI (Payment Ratification And Analysis in Power Procurement for Bringing Transparency in Invoicing of Generators) website showed. Read More

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