Private power producers want govt to fast-track discom funding package

Facing extreme liquidity crunch, independent electricity generators want the government to expedite the process of injecting liquidity in the cash-strapped power distribution companies so that they can clear their dues to the plants at the earliest.

In separate letters sent to the ministry of power and the Prime Minister’s office, the Association of Power Producers has pointed that running power plants is getting more difficult by the day as power plants need to make advance payments for coal and railway freight.