Discoms’ outstanding dues to power gencos rise 47 per cent to Rs 1,330 billion in June

Power producers’ total outstanding dues owed by distribution firms rose over 47 per cent year-on-year to Rs 1,330 billion in June 2020.

According to PRAAPTI portal (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators), discoms owed a total of Rs 906.55 billion to power generation firms in June 2019. In June 2020, the total overdue amount, which was not cleared even after 60 days of grace period offered by generators, stood at Rs 1,200.41 billion, as against Rs 723.62 billion in the year-ago period. The portal was launched in May 2018 to bring in transparency in power purchase transactions between the generators and discoms.

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