DISCOMs in the Top Renewable States are the Biggest Defaulters as Dues Reach ₹69 Billion


DISCOMs in the Top Renewable States are the Biggest Defaulters as Dues Reach ₹69 Billion

Distribution companies (DISCOMs) in the top renewable energy generating states of the country are the biggest defaulters when it comes to paying dues for the power procured from renewable projects (wind power, solar and hydro).

According to the Central Electricity Authority (CEA), up to July 31, 2019, 376 renewable energy generating projects across India had dues totaling ₹68.72 billion (~$960.7 million). These 376 projects account for 17,897 MW of renewable energy generating capacity.

Out of the total dues owed, DISCOMs in Andhra Pradesh, Telangana, and Karnataka are responsible for 70% of the total amount. This data is crucial for planned and phased growth of the renewable energy sector in India as it will help demarcate problem states and DISCOMs that do not value the sanctity of power purchase agreements. Read More

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