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DISCOM DUES LIQUIDATION
Discoms' outstanding dues to gencos fall 15.25% to Rs 82,305 cr in MayDistribution companies (discoms) owed a total Rs 97,111 crore to power generation firms in May 2020, according to portal PRAAPTI (Payment R...
Discoms' outstanding dues to gencos fall 11.2 per cent to Rs 81,628 crore in AprilDistribution companies (discoms) owed a total Rs 91,915 crore to power generation firms in April 2020, according to portal PRAAPTI (Payment...
Discoms' outstanding dues to gencos fall 3% to Rs 78,379 cr in MarchOutstanding dues of discoms towards electricity producers have been increasing year-on-year as well as month-on-month for years showing per...
Discoms' overdues fall to Rs 74,000 crore in March after release of second tranche of liquidity packageIn May 2020, the government announced Rs 90,000 crore liquidity infusion for discoms under which these utilities would get loans at economi...
Discoms' outstanding dues to power gencos rise nearly 17pc to Rs 1.02 lakh cr in FebDiscoms in Rajasthan, Uttar Pradesh, Jammu & Kashmir, Telangana, Andhra Pradesh, Karnataka, Maharashtra, Jharkhand, Haryana and Tamil Nadu ...
Discoms liquidity infusion: Tamil Nadu tops chart of states with Rs 30,000 crore sanctioned loanThe southern state is followed by Uttar Pradesh and Maharashtra, with their state discoms being sanctioned loans of Rs 20,940 crore and Rs ...
Loans worth Rs 1.18 lakh crore sanctioned under discom liquidity package"The company and its subsidiary REC Ltd, upto October 31, 2020, has sanctioned an amount of Rs 1,18,273 crore respectively under this schem...
Over Rs 70K crore worth of loans sanctioned to discoms under liquidity package: GovernmentFinance Minister Nirmala Sitharaman in May this year had announced a Rs 90,000 crore liquidity infusion into cash-strapped discoms for clea...
Discoms' liquidity package set for hike at Rs 1.2 lakh crore this monthFinance Minister Nirmala Sitharaman in May announced a Rs 90,000 crore liquidity infusion into cash-strapped discoms for payment of their d...
CCEA extends liquidity infusion scheme to cover discom dues till June 30Currently, banks and financial institutions can lend only 25% of a discom’s revenue in the previous year for working capital.
Cabinet likely to okay package for power discoms reeling under revenue loss in lockdownThe Union Cabinet is likely to approve next week a package for discoms reeling under revenue loss due to lower power demand amid the corona...
Discoms to suffer Rs 30K cr revenue loss, face Rs 50K cr liquidity crunch due to lockdown: CIICII said discoms are likely to suffer a net revenue loss of around Rs 30,000 crore due to the lockdown.
Govt working on package to offer loans to state distribution companiesThe government is working on a package to offer loans to state power distribution companies to help them clear dues of electricity generati...
Power ministry orders regulator to provide three months moratorium to discoms to pay dues"Due to the lockdown, consumers are unable to pay their dues to the distribution companies. This has affected the liquidity position of the...
Schemes for discom revival, discom dues liquidation soon: RK SinghHailing the Union Budget 2020, power minister R K Singh said the expanded Kusum scheme to solarise agriculture pumps will make agriculture ...
NTPC to restrict power supply to Delhi if BSES discoms fail to clear dues soonA BSES spokesperson said the payment of dues to power utilities by BSES discoms is sub judice in the SC. The judgement in the matter is res...
No power cuts likely in Delhi despite 445 mw of supply shortageBSES, in a statement, said it is under huge financial stress due to non liquidation of regulatory assets estimated to be over Rs 16,000 cro...