As UP waits for Atmanirbhar package, power dues swell to over Rs 26k cr

Slow disbursals and tough preconditions of the Central government’s Atmanirbhar package for state power distribution companies (discoms) have resulted in a sharp rise in outstanding dues of the Uttar Pradesh discoms to generation companies.

The Uttar Pradesh Power Corporation (UPPCL) discoms’ overdues to generation companies stand at Rs 26,000 crore as on January 31, 2021. Of this, dues of IPPs stand at approximately Rs 12,000 crore while those of central PSUs are around Rs 10,000 crore. Apart from this, the renewable energy producers have pending bills of Rs 1,000 crore.

According to senior officials of UPPCL, this amount does not include the Rs 15,000 crore dues of state PSUs, which are not covered in the package.