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.
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