Rajasthan: Discoms trip on payment to solar firms raises NPA fears

JAIPUR: Now, the government’s payment crisis has hit the solar sector with the small power developers in the state staring at a prospect of their loans turning NPAs. The discoms have not paid the dues for the past one year running into an estimated Rs 250-300 crore. The non-payment has also led to developers stalling ongoing projects, resulting in job losses in the sector.

The issue of discoms not paying for the power they are buying from the developers was on Wednesday raised in a meeting under chairmanship of Member (Planning), Central Electrical Authority (CEA).