Power discoms owe gencos more than ₹1.56 lakh crore: Minister
The Hindu
‘By 2019-20, discoms accumulated losses were ₹5.07 lakh cr.’
Total outstanding dues owed by power distribution utilities or discoms to generation firms (gencos) are estimated to be more than ₹1.56 lakh crore, Parliament was informed on Thursday.
“Discoms have not been able to pay the generation companies for the power procured, and the outstanding payments to generation companies are estimated to be in excess of ₹1,56,000 crore,” Power Minister R. K. Singh said in a written reply to the Lok Sabha.
According to BACL, the biophilic-inspired business park will offer smart workspaces within a vibrant public realm. The project’s most exceptional and breathtaking attribute lies in the Urban Forest, a lush oasis in the centre of the development. This green space will serve as a focal point, seamlessly blending indoor and outdoor spaces throughout the area. The upcoming metro station in Airport City will provide seamless connectivity to the business park from the northern side, ensuring convenient accessibility.