Page 2 - Gencos
No access to alternate electricity sources to defaulting discoms: R K Singh
As on Dec 14, total dues of discoms towards gencos was Rs 98,682 cr; If the disputed amount is included, the dues stand at Rs 1.09 trn, inching closer to the record highs of last year
 "No access to alternate electricity sources to defaulting discoms: R K Singh")
Centre invokes TPAs as gencos eye Rs 96.8K-cr from defaulting states
The power ministry recovered Rs 714 crore from Jharkhand last month
Gencos to be allowed to sell power in open market if not paid by discoms
Power ministry has made the suggestion in order to reduce the retail tariff for consumers and reduce burden of regular payment on the discoms
 "Gencos to be allowed to sell power in open market if not paid by discoms")
Discoms' outstanding dues to gencos fall 3% to Rs 78,379 cr in March
Total dues owed by electricity distribution companies to power producers fell 3.4% to Rs 78,379 cr in March 2021 as compared to the year-ago period, showing a reversal of discoms' growing outstandings
 "Discoms' outstanding dues to gencos fall 3% to Rs 78,379 cr in March")
Private power generating companies seek sops on electricity export
Citing strategic advantage over China, the gencos have asked the Centre to consider influence over neighbouring countries through energy exchange
 "Private power generating companies seek sops on electricity export")
Discoms' outstanding dues to power gencos rise 35% to Rs 1.41 trn in Nov
In November 2020, the total overdue amount, which was not cleared even after 45 days of grace period offered by generators, stood at Rs 1,29,868 crore as against Rs 93,215 crore in the year-ago period
Discoms' outstanding dues to power gencos rise 28% to Rs 1.38 trn in Sept
The overdue amount in September 2020 has increased from Rs 1,22,090 crore in August 2020
 "Discoms' outstanding dues to power gencos rise 28% to Rs 1.38 trn in Sept")
Discoms' outstanding dues to power gencos rise 37% to Rs 1.33 trn in August
The portal was launched in May 2018 to bring in transparency in power purchase transactions between the generators and discoms
Power Ministry advises gencos to cap late payment surcharge at 12%
Power ministry has advised power generation and transmission firms to levy the late payment surcharge on discoms at not more than 12% in view of the stress in the sector amid Covid-19 pandemic
 "Power Ministry advises gencos to cap late payment surcharge at 12%")
Payment security mechanism to benefit gencos, may hurt discoms: CRISIL
The power ministry has made it mandatory for discoms to open and maintain sufficient letters of credit as a payment-security mechanism under power purchase agreements signed with generation companies
 "Payment security mechanism to benefit gencos, may hurt discoms: CRISIL")
Power gencos face penalty as coal demand hits a low
30 power plants with around 400-mt demand are sourcing coal below threshold limit
 "Power gencos face penalty as coal demand hits a low")
