Absolute levy owed by power dispersion organizations to control makers rose almost 17% to Rs 1,02,684 crore in February this year, reflecting industrious pressure in the area. Appropriation organizations (discoms) owed an aggregate of Rs 87,888 crore to control age firms in February 2020, as per entryway PRAA (Payment Ratification And Analysis in Power obtainment for getting Transparency Invoicing of generators). Notwithstanding, absolute remarkable duty of discoms towards power age firms in February, marginally plunged from Rs 1,03,116 crore in January this year and Rs 102,676 crore in December 2020. The PRAA entryway was dispatched in May 2018, to acquire straightforwardness in power buy exchanges among generators and discoms.
In February 2021, the complete late sum, which was not cleared even following 45 days of effortlessness period offered by generators, remained at Rs 91,549 crore as against Rs 73,867 crore in same month, a year prior. The late sum remained at Rs 92,120 crore in January 2021 and Rs 93,599 crore in December 2020. Force makers give 45 days to discoms to cover bills for power supply. From that point forward, exceptional contribution become late and generators charge reformatory interest on that as a rule. To offer alleviation to control age organizations (gencos), the Center implemented an installment security component from August 1, 2019. Under this instrument, discoms are needed to open letters of credit for getting power supply. The Central government had additionally given a few breathers to discoms for taking care of obligations to control creating organizations taking into account the COVID-19-prompted lockdown. The public authority had additionally postponed corrective charges for late installment of levy in the mandate. In May, the public authority declared Rs 90,000 crore liquidity imbuement for discoms, under which these utilities would get credits at practical rates from Power Finance Corporation and REC Ltd. This was an administration activity to help gencos to stay above water. Afterward, the liquidity imbuement bundle was expanded to Rs 1.2 lakh crore and further to Rs .35 lakh crore.
A month ago, Power Minister R K Singh had said in a composed answer to the Rajya Sabha that “up until now, credits of Rs 1,35,497 crore have been endorsed (under the liquidity implantation plan and Rs 46,321 crore have been delivered to states/DISCOMs by REC and PFC (Power Finance Corporation)”. The pastor had likewise disclosed to the House that because of the subsequent cross-country lockdown, the incomes of the force appropriation organizations (DISCOMs) plunged, as individuals couldn’t pay for power burned-through. Discoms in Rajasthan, Uttar Pradesh, Jammu and Kashmir, Telangana, Andhra Pradesh, Karnataka, Maharashtra, Jharkhand, Haryana and Tamil Nadu represent the significant segment of duty to control gencos, the information appeared. Past due of free force, makers added up to 46.31 percent of the complete late of Rs 91,549 crore of discoms in February. The extent of focal PSU gencos in the late was 40.21 percent. Among the focal public area power generators, NTPC alone has a late measure of Rs 14,110.26 crore on discoms, trailed by Damodar Valley Corporation at Rs 6,200.08 crore, NLC India at Rs 6,047.48 crore, NHPC at Rs 2,538.10 crore and THDC India at Rs 2,004.66 crore in February 2021.
The late of non-customary energy makers like sun powered and wind remained at Rs 12,346.04 crore in February 2021.
