The combined outstanding regulatory assets for the thermal power sector stands at Rs 76,963 crore, according to India Ratings and Research, which sees a potential to securitize these receivables through bonds.
“As per the latest tariff orders till FY2019, the total future regulatory assets outstanding and approved by all the State Electricity Regulatory Commission (SERC). operating in India amount to approximately Rs 76,963 crore,” India Ratings said in a report on Monday.
Of these, the report suggested, 97 per cent of the outstanding regulatory assets are due to state distribution companies, while the remaining are due to private and independent power producers