India's PM Modi asks states to clear payments to electricity distributors

Reuters

30 July, 2022, 06:30 pm

Last modified: 30 July, 2022, 06:34 pm

Indian PM Narendra Modi

Indian Prime Minister Narendra Modi on Saturday urged state governments to clear their bills and dues to power distribution firms to help ensure stability in the energy sector to meet consumer demands.

Modi said state governments must address outstanding dues to distribution companies, which often stretch over several months, threatening financial position of power generating companies.

Outstanding dues to power distribution companies exceeds $17 billion, federal ministry of power data show.

Keep updated, follow The Business Standard's Google news channel

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.