Power gencos outstanding dues on discoms jump 57% to Rs 73,000 cr in July
Power gencos outstanding dues on discoms jump 57% to Rs 73,000 cr in July According to PRAAPTI portal, discoms owed a total of Rs 46,779 crore to power generation companies in July 2018. Current Affairs :- The remarkable contribution of appropriation utilities from power makers have ascended by more than 57 percent to Rs 73,748 crore in July 2019 contrasted with that month a year ago, indicating worry in the part. As indicated by PRAAPTI entryway, conveyance organizations owed an aggregate of Rs 46,779 crore to control age organizations in July 2018. The entrance was propelled in May 2018 to get straightforwardness power buy exchanges among generators and discoms (dispersion organizations). In July this year, all out past due sum, which was not cleared even following 60 days of beauty period offered by generators, remained at Rs 54,342 crore as against Rs 30,331 crore around the same time in 2018. Power makers give 60 days time to discoms for taking care of tab...