State-owned discoms' outstanding dues to gencos shoot up to Rs 282 bn

Power demand has witnessed a spike recently. In the last quarter, the demand growth was 7.67% and in October, it crossed 12.6%

A spike in power demand has increased woes of power generators, as the procuring states are delaying their payment. The total outstanding amount by state-owned power distribution companies (discoms) stands at Rs 282 billion, which has been delayed by more than six months. The highest share in this amount is of independent power producers (IPPs) at Rs 198 billion. 

The outstanding amount in August is the highest since the beginning of the fiscal when it was close to Rs 170 billion. In fact, there has been a steady increase in the outstanding amount April onwards. State-owned power generator NTPC has