States Owe Generation Companies Rs 32,024 Crore Till Feb 2018: Govt Portal


States Owe Generation Companies Rs 32,024 Crore Till Feb 2018: Govt Portal

As many as 10 states including Maharashtra, Delhi, Jammu and Kashmir, Rajasthan, Punjab and Haryana have been named “worst” in terms of clearing dues of power generation companies by state-owned discoms, as per government portal Praapti.

Other four states in this list are Assam, Arunachal Pradesh, Meghalaya and Uttarakhand.

The portal showed that these states’ power discoms delayed payments to generation companies by at least 240 days or more till February this year.

According to Praapti and mobile application launched by Power Minister R K Singh today, total cumulative outstanding of power generation companies from all states was Rs 32,024 crore in February 2018.

Total outstanding of power generation companies from discoms stood at Rs 30,617 crore whereas the payment of Rs 2,809 crore was made during the month. The power generators raised the bill of Rs 4,216 crore during February. Read More

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