Run-up to polls: Private gencos want Tamil Nadu to clear dues

Independent power producers have asked poll-bound Tamil Nadu’s state-run electricity distribution company (discom) to clear their dues to ensure uninterrupted supplies. At the end of January, Tamil Nadu owed Rs 19,325 crore to power producers, 40% of which was payable to private thermal power firms such as Vedanta, GMR, DB Power, ILFS Energy and Jindal Steel and Power.

Using the Rs 11,091-crore loan, Tamil Nadu received through the Centre’s liquidity infusion scheme, the state’s payment trend to power generators had improved between October and December 2020.