UP tops list of states on power dues with Rs 13,000 cr unpaid bills

Uttar Pradesh government departments owe more than Rs 13,000 crore in electricity bills to the state power utilities, which also makes the state top ranked among peers in this regard.

While UP has emerged as the chart topper with its various government departments, state agencies and urban local bodies (ULB) collectively owing Rs 13,361 crore in power arrears till September 2018-19, Telangana and Andhra Pradesh stood distant 2nd and 3rd with corresponding figure of Rs 6,737 crore and Rs 4,913 crore respectively.

Recently, the 15th Finance Commission had also red-flagged the burgeoning losses of UP power utilities, which currently stand at Rs 18,000 crore even after the implementation of Ujwal Discom Assurance Yojana (UDAY). The Yojana was aimed at financial restructuring of Indian power distribution companies (discoms) that were struggling under collective losses of Rs 3.6 trillion.

Read more

You may also like

Comments are closed.