View: Need to address future sustainability of power sector

Power generation companies and transmission companies are battling with distribution companies or discoms on a regular basis on outstanding payments which have crossed approximately Rs. 1,25,000 crore. As a result, various generators and transmission companies keep lobbying with discoms at varying points of time and discoms make payments in an ad hoc and haphazard manner to various parties at various times and are almost never regular in their payments. The stress in the sector continues to remain but intensity keeps shifting from one pocket to the other each month. It is like a mouse jumping under the carpet.