A Covid blow to power producers as discoms stop payments

Recovery of electricity dues by state discoms takes place in a big way in March. “Recoveries have been significantly impacted due to precautions being taken for Covid-19. State governments are also refraining from taking any coercive measures for recoveries and the situation is not likely to improve in the near future,” said an executive in a power company.

from Energy-Industry-Economic Times https://ift.tt/3aqk0oJ