Outstanding dues of discoms to power producers reduce to Rs 1,159.72 billion in February 2022

Total outstanding dues owed by discoms to power producers has decreased by 5.1 per cent year-on-year (YoY) to Rs 1,159.72 billion in February 2022, as per PRAAPTI (Payment Ratification and Analysis in Power procurement for bringing Transparency in Invoicing of generators) portal.

The discoms owed a total of Rs 1,222.26 billion to the power producers in February 2021.As of February 2022, the total overdue amount, which was not cleared even after 45 days of grace period offered by generators, stood at Rs 1,030.14 billion. Discoms in Rajasthan, Uttar Pradesh, Jammu and Kashmir, Telangana, Andhra Pradesh, Karnataka, Madhya Pradesh, Maharashtra, Jharkhand and Tamil Nadu account for the major portion of the dues. Overdue of independent power producers amounted to 54.02 per cent of the total overdue of Rs 1,030.14 billion, and that of central public sector undertaking(PSU) gencos was 19.14 per cent. NTPC Limited alone has an overdue amount of Rs 44.37 billion, followed by Damodar Valley Corporation (DVC) at Rs 26.17 billion. Among private generators, discoms owe the highest overdue amount of Rs 265.63 billion to Adani Power, followed by Bajaj Group-owned Lalitpur Power Generation Company at Rs 53.08 billion. The overdue of renewable energy producers like solar and wind stood at Rs 197.18 billion.