{"id":295962,"date":"2019-10-14T12:14:40","date_gmt":"2019-10-14T06:44:40","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=295962"},"modified":"2019-10-14T12:14:40","modified_gmt":"2019-10-14T06:44:40","slug":"r-k-singh-directs-states-to-clear-dues-of-power-generating-companies","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/r-k-singh-directs-states-to-clear-dues-of-power-generating-companies\/","title":{"rendered":"R K Singh directs states to clear dues of power generating companies"},"content":{"rendered":"<p>NARMADA (GUJARAT): Power minister R K Singh on Friday directed the state governments to clear dues of power generation companies, a step which he said will boost investor sentiment and attract investments.<\/p>\n<p>The minister said that attracting investments is one of the major challenges that is being faced by the sector.<\/p>\n<p>&#8220;Today the outstanding bills for generation companies is Rs 59,000 crore. Looking at this who will come and invest in the sector?,&#8221; he said while speaking at the two-day conference of power and new, renewable energy ministers of states and union territories here.<\/p>\n<p>He said state departments owe about Rs 49,000 crore to electricity distribution companies (discoms), so if this amount is recovered then a large portion of dues will be cleared which will ultimately lessen the burden on the power producers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NARMADA (GUJARAT): Power minister R K Singh on Friday directed the state governments to clear dues of power generation companies, a step which he said will boost investor sentiment and attract investments. The minister said that attracting investments is one of the major challenges that is being faced by the sector. &#8220;Today the outstanding bills for generation companies is Rs 59,000 crore. Looking at this who will come and invest in the sector?,&#8221; he said while speaking at the two-day conference of power and new, renewable energy ministers of states and union territories here. He said state departments owe about [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-295962","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=295962"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295962\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=295962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=295962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=295962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}