Renewable energy projects bear the brunt of discoms' financial woes

The overdues of power distribution companies (discoms) towards generating companies (gencos) is on the rise again. However, this time, it is the renewable energy (RE) projects that are bearing the brunt. 

Despite an incentive announced last year to assist discoms clear their dues, renewable developers have benefited the least.

RE developers are fighting legal battles with several states over non-payment of dues, and in some cases, renegotiating tariffs.

The dues of RE power generators have increased by close to 40 per cent since January, the highest among all categories of gencos.

The dues of central government gencos have fallen by 50 per cent during