Power gencos outstanding dues on discoms rises 57% to ₹73K cr in July

NEW DELHI : The outstanding dues of distribution utilities from power producers have risen by more than 57% to ₹73,748 crore in July 2019 compared to the same month last year, showing stress in the sector.

According to PRAAPTI portal, distribution companies owed a total of ₹46,779 crore to power generation companies in July 2018.

The portal was launched in May 2018 to bring transparency in power purchase transactions between generators and discoms (distribution companies).