The Novel Coronavirus (COVID-19) pandemic has badly hit the power sector in the State and the situation is precarious.
While revenue generation is going down, working capital bank loans are on rise, leaving both Discoms and Gridco in dire straits.
With lockdown in force, revenue generation by the Discoms has been hard hit.
While total revenue of four Discoms during 2019-20 was Rs 10,193 crore, revenue from industrial and commercial consumers was expected at Rs 5982 crore. Fixed charges from industry and commercial consumers were pegged at Rs 868 crore.
So, both together were pegged at Rs 6,850 crore. Nearly 70 per cent revenue is expected from industrial and commercial establishments.
