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New Delhi: Total outstanding dues owed by electricity distribution utilities or discoms to power producers fell 15.25 per cent to Rs 82,305 crore in May 2021 from a year ago.
Distribution companies (discoms) owed a total Rs 97,111 crore to power generation firms in May 2020, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators).
The outstanding dues of discoms towards electricity producers have been increasing year-on-year as well as month-on-month for years showing perennial stress in the power sector till February this year. It has started tapering off from March 2021.
Total dues in May increased sequentially compared to Rs 77,203 crore in April this year. The PRAAPTI portal was launched in May 2018 to bring in transparency in power purchase transactions between generators and discoms.
Discoms outstanding dues to gencos fall 15.25% to Rs 82,305 cr in May
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Last Updated: Jul 18, 2021, 11:38 AM IST
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Distribution companies (discoms) owed a total Rs 97,111 crore to power generation firms in May 2020, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators).
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Discoms in Rajasthan, Uttar Pradesh, Jammu & Kashmir, Telangana, Andhra Pradesh, Karnataka, Maharashtra, Jharkhand and Tamil Nadu account for the major portion of dues to gencos, the data showed.
Total outstanding dues owed by electricity distribution utilities or discoms to power producers fell 15.25 per cent to Rs 82,305 crore in May 2021 from a year ago.