Parliamentary committee recommends coal PSUs to recover dues from gencos

The Parliamentary Standing Committee on Coal and Steel has stated in a recent report that the outstanding dues payable by the power sector to CIL stand at Rs 84.35 billion, as on March 31, 2019. The committee has recommended that the three coal CPSUs (CIL, SCCL and NLC India) should take vigorous measures to recover the outstanding dues and, if warranted, also take punitive actions on the defaulting parties.

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