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<p>The distribution companies (DISCOMs) owed renewable generators nearly ₹103.11 billion (~$1.4 billion) in overdue payment (excluding dues under dispute) spread across 579 invoices at the end of July 2020, according to data from the Ministry of Power (<a href="https://powermin.nic.in/" target="_blank" rel="noopener noreferrer">MoP</a>).</p>
<p>Per the data released by PRAAPTI, the outstanding dues to renewable generators stood at ₹7.17 billion (~$97.25 million), with ₹123.7 million (~$1.68 million) under dispute.</p>
<p>Distribution companies <a href="https://mercomindia.com/discom-dues-to-power-generators/" target="_blank" rel="noopener noreferrer">owed</a> renewable generators ₹101.11 billion (~$1.3 billion) in overdue payments (excluding dues under dispute) spread across 544 invoices at the end of June 2020.</p>
<p>The government portal also showed that 65 DISCOMs owed ₹1.17 trillion (~$15.87 billion) in overdue payments spread across 18,658 invoices at the end of July 2020. In June, 65 DISCOMs owed power generators ₹1.16 trillion (~$15.78) in overdue payments spread across 18,281 invoices.</p>
<p>The DISCOMs paid ₹139.3 billion (~$1.9 billion) against the overdue amount, an increase of 86% when compared to June and ₹16.9 billion (~$230 million) against the outstanding dues at the end of July 2020. The overdue amount at the end of July stood at ₹1.17 trillion (~$15.95 billion), and the outstanding amount stood at ₹126.73 billion (~$1.73 billion).</p>
<p><a href="https://mercomindia.com/wp-content/uploads/2020/09/DISCOM-Dues-to-Power-Generators-as-of-July-2020.png"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-21358" src="https://mercomindia.com/wp-content/uploads/2020/09/DISCOM-Dues-to-Power-Generators-as-of-July-2020.png" alt="DISCOM Dues to Power Generators as of July 2020" width="644" height="314" srcset="https://cms.mercomindia.com/wp-content/uploads/2020/09/DISCOM-Dues-to-Power-Generators-as-of-July-2020.png 644w, https://cms.mercomindia.com/wp-content/uploads/2020/09/DISCOM-Dues-to-Power-Generators-as-of-July-2020-300x146.png 300w, https://cms.mercomindia.com/wp-content/uploads/2020/09/DISCOM-Dues-to-Power-Generators-as-of-July-2020-624x304.png 624w, https://cms.mercomindia.com/wp-content/uploads/2020/09/DISCOM-Dues-to-Power-Generators-as-of-July-2020-600x293.png 600w" sizes="(max-width: 644px) 100vw, 644px" /></a></p>
<p>The state of Rajasthan registered the highest backlog with an overdue amount of ₹356.26 billion (~$4.8 billion), out of which ₹331.47 billion (~$4.49 billion) have been unpaid for more than 60 days.</p>
<p>Tamil Nadu followed with an overdue amount of ₹190.64 billion (~$2.58 billion), out of which, ₹168.07 billion (~$2.28 billion) have been overdue for more than 60 days. Uttar Pradesh was another state that had a huge backlog, with an overdue amount of ₹132.87 billion (~$1.8 billion), out of which ₹107.83 billion (~$1.46 billion) have been unpaid for more than 60 days.</p>
<p>Going by the report, Arunachal Pradesh, Manipur, Tripura, Chhattisgarh, and Himachal Pradesh were termed as the <strong>‘best’</strong> states in terms of ease of payments by DISCOMs. Bihar, West Bengal, and Meghalaya were termed as ‘<strong>good.</strong>’</p>
<p>The portal rated the states of Assam, Nagaland, Rajasthan, Madhya Pradesh, Maharashtra, Telangana, Karnataka, Odisha, Kerala, Jharkhand, Goa, Delhi, Himachal Pradesh, Uttarakhand, and Jammu and Kashmir as the <strong>‘worst’</strong> states for ease of payments by the DISCOMs.</p>
<p>As per the data, Adani Green Energy Limited, Tata Power Company, and NLC India Limited were owed amounts of ₹12.01 billion (~$162.89 million), ₹13.78 billion (~$186.9 million), and ₹19.62 million (~$266.1 million) respectively.</p>
<p>The Ministry of Power recently <a href="https://mercomindia.com/ministry-of-power-wants/" target="_blank" rel="noopener noreferrer">suggested</a> that the power generation and transmission companies should reduce the late payment surcharge up to 12% annually for distribution companies. This suggestion would apply to all late payments made under the liquidity infusion program.</p>
<p>REC Limited recently <a href="https://mercomindia.com/over-rec-discom-liquidity-package/" target="_blank" rel="noopener noreferrer">reported</a> that it had approved over ₹300 billion (~$4 billion) to distribution companies in the country as of July 31, 2020. Similarly, PFC <a href="https://mercomindia.com/power-finance-releases-liquidity-package/" target="_blank" rel="noopener noreferrer">approved</a> ₹306.07 billion (~$4.09 billion) as of July 31, 2020, as part of the liquidity package for DISCOMs.</p>
<div class="saboxplugin-wrap" itemtype="http://schema.org/Person" itemscope itemprop="author"><div class="saboxplugin-tab"><div class="saboxplugin-gravatar"></div><div class="saboxplugin-authorname"><a href="https://cms.mercomindia.com/author/rakesh-ranjan-parashar/" class="vcard author" rel="author"><span class="fn">Rakesh Ranjan</span></a></div><div class="saboxplugin-desc"><div itemprop="description"><div class="designboxt">
<p><img class="alignleft" style="border-radius: 50%;height: 50px;margin-top: -4px;border: 1px solid #00b451" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/02/Rakesh-Headshot-crop-2.jpg" width="50" /></p>
<p><strong style="text-decoration: underline">Rakesh Ranjan,</strong> Staff reporter at Mercom India<br />
<a href="https://mercomindia.com/author/rakesh-ranjan-parashar/" target="_blank" rel="noopener">More articles from Rakesh Ranjan.</a></p>
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<p><img class="alignleft" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/02/Rakesh-Headshot-crop-2.jpg" width="77" height="102" /><a href="https://mercomindia.com/author/rakesh-ranjan-parashar/" target="_blank" rel="noopener"><strong style="color: #00b451">Rakesh Ranjan</strong></a> is a staff reporter at Mercom India. Prior to joining Mercom, he worked in many roles as a business correspondent, assistant editor, senior content writer, and sub-editor with bcfocus.com, CIOReview/Silicon India, Verbinden Communication, and Bangalore Bias. Rakesh holds a Bachelor’s degree in English from Indira Gandhi National Open University (IGNOU). <a href="https://mercomindia.com/author/rakesh-ranjan-parashar/" rel="noopener noreferrer">More articles from Rakesh Ranjan.</a></p>
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Despite Relief Measures, DISCOM Dues to Renewable Generators Rose to ₹103 Billion in July

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