A conventional energy (coal, gas, diesel, nuclear, etc.) generation company (genco) or renewable energy (RE) developer sells electricity to a discom and raises monthly invoices, typically due for payment within 1 – 3 months from the date of issuance. In the last few years, payment has been delayed by discoms for as long a year for few gencos and RE developers.
This issue brief aims to bridge the asymmetries in information on the state of payment delays in India's power (conventional and renewable energy) sector. It provides easy-to-use infographics for discoms, gencos, policymakers and investors. It shares quarterly updated insights on the amount overdue by state discoms to gencos, average payment delay duration and key gencos affected.
Figure 1: Amount overdue and payment delays for conventional generators
Figure 2: Amount overdue to IPPs
Figure 3: Amount overdue and payment delays for RE developers
Figure 4: Amount overdue to RE developers
For a detailed outlook on payment delays and possible solutions, refer to our CEF Analysis