Total dues owed by electricity distribution companies to power producers rose nearly 17 per cent to Rs 1,02,684 crore in February this year, reflecting persistent stress in the sector. Distribution companies (discoms) owed a total of Rs 87,888 crore to power generation firms in February 2020, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators).
However, total outstanding dues of discoms towards power generation firms in February slightly dipped from Rs 1,03,116 crore in January this year and Rs 102,676 crore in December 2020. The PRAAPTI portal was launched in May 2018 to bring in transparency in power purchase transactions between generators and discoms.
