FEATURE
Discom dues cross `1.3 lakh crore in November Up 28% since April
Coal Insights Bureau
D
ues of power distribution companies (Discoms) payable to generators have been mounting, and have touched `1.31 lakh crore in November 2020, which is 28 percent higher than April 2020 levels.
The outstanding dues were the highest for the Discoms of Rajasthan (`40,229 crore), followed by Tamil Nadu (`21,825 crore) and Uttar Pradesh (`14,329 crore). These three states accounted for 58 percent of the total outstanding dues. The other states with sizeable dues are Karnataka, Maharashtra, Telangana, Jammu
Payments by Discoms November 2019
November 2020
“Discoms dues are at a high of 9x monthly bill. Covid-19 led demand destruction has stretched payment/ billing cycles for Discoms. Recent relief package of `1.2 trillion to Discoms is expected to diffuse this situation by 4Q FY21.” JM Financial & Kashmir, Jharkhand, Andhra Pradesh, Madhya Pradesh and Haryana. “Discoms dues are at a high of 9x monthly bill. Covid-19 led demand
State-wise Discom dues as of end November 2020 Statewise dues Raiasthan
40229
Tamil Nadu
21825
Uttar Pradesh
14329
Maharashtra
7709
Karnataka
7563
Telangana
6312
Jammu & Kashmir
6086
Jharkhand
5331
Madhya Pradesh
4114
Andhra Pradesh
3699
Harvana
3469
Total Source: PRAAPTI, JM financial
November 2020
1,30,676
Source: PRAAPTI
Coal Insights, January 2021
23
