The government on Saturday announced a slew of relief measures, including three-month moratorium for discoms to pay to gencos , to ensure 24X7 electricity supply during the lockdown period.
From last August, the goverment had made it mandatory for discoms to issue Letter of Credit to get power supply from gencos. Besides discoms were given option to get power supply on single day advanced payment.
This was done in view of the mounting outstanding dues of discoms towards gencos.
For ensuring uninterrupted power supply, the power ministry has also announced that payment security will be reduced by 50 per cent.
