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The Hindu
The Hindu
National
V. Raghavendra

‘A.P. DISCOMs liquidated all dues to generators up to May 30 under LPS scheme’

LPS Electricity

VIJAYAWADA:

Special chief secretary (energy) K. Vijayanand stated in a press release on August 19 that the DISCOMs have liquidated all the dues to generators up to May 30 under the Late Payment Surcharge (LPS) scheme against the total outstanding of nearly ₹17,075 crore. 

Responding to some media reports which said the A.P. DISCOMs have been barred from procuring power in the exchanges because of their mounting debts to generators, Mr. Vijayanand said the Ministry of Power formulated the Electricity (Late Payment Surcharge and Related Matters) Rules 2022 for clearance of dues, including LPS, up to the date of the relevant notification dated June 3, 2022. 

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