Discoms’ outstanding dues to gencos decreased to Rs 626.82 billion in January 2023

According to the PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators) portal, the total outstanding dues owed by discoms to gencos decreased by 48.2 per cent to around Rs 626.82 billion in January 2023 as compared to Rs 1,210.30 billion in same month in 2022.

This substantial reduction in the discoms’ total outstanding is mainly due to various steps taken by the government, like implementation of late payment surcharge rules and providing facility of equated monthly installments to utilities. The total outstanding dues of discoms in January, 2023 includes Rs 255.26 billion overdue amount, which was not cleared even after 45 days of grace period offered by generators.