{"id":500075,"date":"2022-06-22T11:21:18","date_gmt":"2022-06-22T05:51:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=500075"},"modified":"2022-06-22T12:57:05","modified_gmt":"2022-06-22T07:27:05","slug":"monthly-instalment-scheme-can-help-discoms-save-one-fourth-of-additional-payout-to-gencos-crisil","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/monthly-instalment-scheme-can-help-discoms-save-one-fourth-of-additional-payout-to-gencos-crisil\/","title":{"rendered":"Monthly instalment scheme can help discoms save one-fourth of additional payout to gencos: Crisil"},"content":{"rendered":"<p>New equated monthly instalment scheme introduced by power ministry can help electricity distribution companies (discoms) save a quarter of their additional payouts and clear around Rs 20,000 crore payments to generation firms (gencos) this fiscal, according to Crisil Ratings.<\/p>\n<p>\u201cElectricity distribution companies (discoms) could potentially save a quarter of their additional payouts, and effectively pay Rs 20,000 crore to generation companies (gencos) this fiscal \u2014 in addition to their annual cost of power purchase \u2014 if they subscribe to the ministry of power\u2019s new scheme,\u201d Crisil said in a statement. <\/p>\n<p>Under this scheme, overdues, including past Late Payment Surcharge (LPS) as on the cut-off date of June 3, 2022, will be converted into Equated Monthly Instalments (EMIs) that discoms have to pay over 12 to 48 months, based on different slabs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New equated monthly instalment scheme introduced by power ministry can help electricity distribution companies (discoms) save a quarter of their additional payouts and clear around Rs 20,000 crore payments to generation firms (gencos) this fiscal, according to Crisil Ratings. \u201cElectricity distribution companies (discoms) could potentially save a quarter of their additional payouts, and effectively pay Rs 20,000 crore to generation companies (gencos) this fiscal \u2014 in addition to their annual cost of power purchase \u2014 if they subscribe to the ministry of power\u2019s new scheme,\u201d Crisil said in a statement. Under this scheme, overdues, including past Late Payment Surcharge (LPS) [&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":[130,244,144],"tags":[],"class_list":["post-500075","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/500075","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=500075"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/500075\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=500075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=500075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=500075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}