MUMBAI: Private power producers have urged the government to consider extending the trade receivables discounting system (TReDS) applicable for MSMEs to them to help resolve their payment woes, which are to the tune Rs 41,240 crore.
In a letter to power secretary Ajay Kumar Bhalla, the Association of Power Producers Friday said delay in recovery of receivables, especially regulatory receivables, has created stress on their finances as it impacts their ability to service debt and severely restricts working capital liquidity.
