NEW DELHI: Total outstanding dues owed by electricity distribution companies (discoms) to power producers (gencos) rose 1.3 per cent year on year to Rs 1,13,227 crore in December.
Discoms owed total Rs 1,11,762 crore to power generation firms in December 2020, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators).
Total dues in December 2021 also increased sequentially compared to Rs 1,13,081 crore in November this year.
The PRAAPTI portal was launched in May 2018 to bring in transparency in power purchase transactions between generators and discoms.
In December 2021, the total overdue amount, which was not cleared even after 45 days of grace period offered by generators, stood at Rs 1,01,436 crore as against Rs 98,334 crore in the same month a year ago. The overdue amount stood at Rs 1,00,417 crore in November this year.
This story is from the December 06, 2021 edition of Millennium Post Delhi.
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This story is from the December 06, 2021 edition of Millennium Post Delhi.
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