Power producers’ total outstanding dues owed by distribution firms rose nearly 63 per cent to Rs 1.23 lakh crore in April 2020 over the same month previous year, reflecting stress in the sector.
Distribution companies (discoms) owed a total of Rs 75,642 crore to power generation firms in April 2019, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators).
The portal was launched in May 2018 to bring in transparency in power purchase transactions between the generators and discoms.
