Clear your power dues, PM Modi reminds states; here is what they owe

States and UTs, in total, owe over Rs 1 trillion to gencos and about Rs 1.3 trillion to discoms, with Maharashtra owing the maximum

Prime Minister Narendra Modi on Saturday urged state governments to pay the money they owe to power distribution companies (discoms) and generating companies (gencos). He added that the outstanding dues that stretch over several months threaten the financial stability of these discoms and gencos.

According to the data from the power ministry, the states and the union territories (UTs) together owe over Rs 1 trillion to the gencos as of March 31, 2022. The total money owed to the discoms stands at Rs 1.3 trillion.

The delay in payments causes a shortfall in revenue for the power companies.