DISCOMs’ Outstanding Payments to Renewable Generators Rise to ₹62.19 Billion
Payment dues to Tata Power and Adani Green Energy touched ₹16.59 billion and ₹11.87 billion, respectively
March 4, 2020
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Distribution companies (DISCOMs) owed renewable energy generators ₹62.19 billion (~$856.2 million) in overdue outstanding payments at the end of January 2020. Excluding payments under dispute, overdue payments stood at ₹61.88 billion (~$851.9 million) or 8.12%, of all overdue outstanding amounts. Overdue outstanding amounts are those where the delay has been over six months.