Power ministry advises telcos to cap late payment surcharge at 12%
In general, the applicable rate of late payment surcharges is quite high despite the fact that interest rates softened over last few years
Cabinet likely to approve package for power distribution utilities due to low demand
The package may include creating an alternate investment fund to pay off dues on behalf of the discoms to gencos
Power gencos' outstanding dues on discoms rise 37 pc to Rs 70,000 cr in Sept
Distribution companies owed Rs 50,583 crore to power generation companies in September 2018, according to PRAAPTI.
Power gencos outstanding dues on discoms rises 57 pc to Rs 73,000 crore in July
According to PRAAPTI portal, distribution companies owed a total of Rs 46,779 crore to power generation companies in July 2018.
Payment security mechanism to induce discipline, but may stretch discom financials: CRISIL
Genco gain spells discom discomfort. The LCs to induce discipline, but may stretch discom financials, the report said.
India still not power-surplus nation; energy deficit at 0.6 pc in 2018-19
Central Electricity Authority report had indicated that India would be a power-surplus country in 2018-19.
Power producers dues on discoms spike 20 pc to nearly Rs 41,000 cr in Jan
According to PRAAPTI portal, discoms owed a total of Rs 33,848 crore to power generation companies in January 2018.
Maharashtra says has no dues towards private power producers
MSEDCL says dues reflecting on a government portal are
Rs 3 trillion investment in pvt power plants at risk of turning into NPA
Uttar Pradesh has the most outstanding dues of Rs 6,497 crore, followed by Maharashtra at Rs 6,179 crore.
Inadequate tariff revision in FY20 a concern for discoms, says Icra
Electricity distribution utilities in 17 of the 29 states have filed tariff petitions for FY20.