Four escoms have pending bills of Rs 12,382 crore; govt departments top defaulters

Four out of the five electricity supply companies (escoms) have to recover over Rs 12,382.3 crore dues, of which the government and its various departments are the highest defaulters.

While senior officials claim that the huge dues is not directly hampering their day-to-day work, they, however, concede that it is affecting their account books, timely payment of arrears, revised DA and is compounding the interest on the loans escoms have borrowed from banks.

With Rs 5,246.64 crore dues, Bescom had the highest outstanding bills at the end of the 2022-23 financial year. However, this is just dues that it has to collect from government departments such as rural local bodies (Rs 3,784.87 crore), Bruhat Bengaluru Mahanagara Palike (Rs 640.17 crore), Bangalore Water Supply and Sewerage Board (Rs 468.25 crore) and others.

Read more

You may also like

Comments are closed.