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Discoms' outstanding dues to power gencos rise 47% to Rs 1.33 trn in June

Distribution companies (discoms) owed a total of Rs 90,655 crore to power generation firms in June 2019

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Power producers give 60 days to discoms for paying bills for the supply of electricity. After that, outstanding dues become overdue and generators charge penal interest on that in most cases.

Press Trust of India New Delhi

3 min read Last Updated : Aug 02 2020 | 11:57 AM IST

Power producers' total outstanding dues owed by distribution firms rose over 47 per cent year-on-year to Rs 1.33 trillion in June 2020, reflecting stress in the sector.

Distribution companies (discoms) owed a total of Rs 90,655 crore to power generation firms in June 2019, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators).

The portal was launched in May 2018 to bring in transparency in power purchase transactions between the generators and discoms.

In June 2020, the total overdue amount, which was not cleared even after 60 days of grace period offered by generators,

Topics : power generators Power discoms Power distribution

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