Discoms' Total Dues To Gencos Rise 17% To ₹1.02 Lakh Cr In Feb
Millennium Post Delhi|April 05, 2021
Discoms owed a total of Rs 87,888 cr to power gencos in February 2020
Discoms' Total Dues To Gencos Rise 17% To ₹1.02 Lakh Cr In Feb

NEW DELHI: Total dues owed by electricity distribution companies to power producers rose nearly 17 per cent to Rs 1,02,684 crore in February this year, reflecting persistent stress in the sector.

Distribution companies (discoms) owed a total of Rs 87,888 crore to power generation firms in February 2020, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators).

However, total outstanding dues of discoms towards power generation firms in February slightly dipped from Rs 1,03,116 crore in January this year and Rs 1,02,676 crore in December 2020.

The PRAAPTI portal was launched in May 2018 to bring in transparency in power purchase transactions between generators and discoms.

In February 2021, the total overdue amount, which was not cleared even after 45 days of grace period offered by generators, stood at Rs 91,549 crore as against Rs 73,867 crore in same month a year ago.

The overdue amount stood at Rs 92,120 crore in January 2021 and Rs 93,599 crore in December 2020.

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