No dues pending for gencos: Power Minister
The Union Power Minister R K. Singh on Tuesday said that no bills are pending for power generation companies and all the legacy dues have been almost cleared. “In our country, there are no bills pending for gencos (power generation companies). All the legacy dues have also been almost cleared off”, he said.
The minister also said that Aggregate Technical & Commercial losses of the distribution companies have come down to 15% last year from 27% in 2014. The losses will further come down to 12%, Singh said.
