Uttar Pradesh’s outstanding dues to gencos hit Rs 32,000 crore
Even as the Centre has announced a fresh Rs 90,000-crore package by PFC-REC to the state-run power distribution companies, Uttar Pradesh’s outstanding dues to electricity generating companies (gencos) have kept on piling.
As on April 2020, the state discoms have accumulated pending bills to the tune of Rs 32,000 crore to gencos, as against a total of Rs 17,500 crore owed by them in March 2019, reflecting a severe stress in the sector.
