Discoms’ outstanding dues to gencos rise in Oct to Rs 93,609 cr
The total overdue amount of power distribution utilities or discoms towards electricity producers or gencos have again started rising from October this year, showing increasing stress in the sector, as per a power ministry report.
The overdue amount is the outstanding that has not been paid even after the expiry of 45 days grace period after bill generation. Many gencos charge penal interest on overdues.
According to a latest status report finalised by the power ministry on November 29, 2021, the total overdue of the discoms rose to Rs 93,609 crore in October, from Rs 91,738 crore in September this year.
