In view of the looming payment crisis, private sector electricity generation companies have approached the Central Electricity Regulatory Commission (CERC) for a 90-day extension for payment of all transmission charges.
A chunk of such charges are to be paid to the central transmission utility, Power Grid Corporation.
Private sector electricity generators were suffering from huge unrealised bills from State government-run distribution utilities, when COVID-19 struck.
Following the lockdown, the issue has been aggravated by the complete stoppage of disbursement against fresh purchases and unilateral suspension of contracts by at least six Dicoms, including Uttar Pradesh, Punjab, Haryana, Madhya Pradesh, Telengana and Dadra Nagar Haveli (Union Territory).
