Discom dues to gencos record a y-o-y increase of 36 per cent in July

Power producers’ total outstanding dues owed by distribution companies rose by over 36 per cent year-on-year to Rs 1,290 billion in July 2020.

According to the Payment Ratification and Analysis in Power procurement for bringing Transparency in Invoicing of generators (PRAAPTI) portal, discoms owed a total of Rs 947.04 billion to power generation firms in July 2019. In July 2020, the total overdue amount, which was not cleared even after 60 days of grace period offered by generators, stood at Rs 1,168.17 billion, as against Rs 754.11 billion in the year-ago period. However, total outstanding dues in July has decreased over the previous month.

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