Discoms' outstanding dues to power producers rise 47 per cent to Rs 1.33 lakh crore in June

Discoms' outstanding dues to power producers rise 47 per cent to Rs 1.33 lakh crore in June

NEW DELHI: Power producers' total outstanding dues owed by distribution firms rose over 47 per cent year-on-year to Rs 1.33 lakh crore 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.

Read more at 
The New Indian Express

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