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The Times of India
The Times of India
National
TNN

13 states lose access to spot power market over Rs 5,000 crore dues

NEW DELHI: National grid operator Posoco has blocked access of 27 power distribution companies (discoms) across 13 states to electricity exchanges for failure to clear a cumulative bill of Rs 5,085 crore dues of generation companies.

This is the first time that such action has been taken under a rule introduced recently to stop discoms from sourcing power from the spot market to avoid clearing large bills from regular suppliers.

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