Rs 90k cr package for discoms not enough, dues cross Rs 1 lakh cr
The reason is that power distribution companies' (discoms) pending dues to power generation companies (gencos) has risen 73 per cent year-on-year and 8 per cent month-on-month to Rs 1,05,000 crore as of April 2020.
The Centre's Rs 90,000 crore liquidity window to financially stressed state discoms for clearing their mounting dues to power genreration companies may not be sufficient to clean up their books and clear all outstanding.
Of the total, discoms in key states of Rajasthan, Tamil Nadu, Uttar Pradesh, Maharashtra, Karnataka, Telangana and Jharkhand account for 81 per cent of the total overdue owed to gencos.
