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Union ministry asks 6 states to clear dues to energy stations, Coal India

The union has requested six states to clear dues they owe to energy producing stations and nationwide miner Coal India Restricted (CIL).

Alok Kumar, secretary on the ministry, in a letter stated the shortcoming of utilities to pay for dues in opposition to dispatched and the coal acquired is “increasing the supply side concerns to unprecedented levels.”

The letter has been despatched to Uttar Pradesh, Tamil Nadu, Madhya Pradesh, Jammu and Kashmir, Maharashtra, and Rajasthan, states which have the very best dues amongst all. Tamil Nadu is the largest defaulter with Rs 20,842 crore dues to the gencos and Rs 700 crore to CIL. It’s adopted by Maharashtra with Rs 18,000 crore dues to gencos and Rs 2,500 crore to CIL. UP owes Rs 9,000 crore to gencos and Rs 300 crore to CIL.

Kumar’s letter urged states to direct the utilities to right away clear the excellent dues, failing which the provide to the states “might get severely affected”.

“Lack of adherence to basic payment discipline by the Utilities is not only causing supply side problems in generation of electricity, but is also adversely affecting new investment in the sector. Public utilities have higher responsibility to be ideal paymasters and upholders of Contract laws of the country and that repeated indiscretion on part of the Utilities goes against the very essence of these basic responsibilities,” his letter stated.

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Hirak Deb Nath
Hi, I am Hirak Deb Nath. I am working as an Associate Data Analyst and Web Developer at Accenture in the Artificial Intelligence Team. I have 1.5 years of experience in Full Stack Web Development in React and 5 years of experience in Digital Marketing. I run various Blogs and E-commerce businesses in different Categories. I am a News and Media, Business, Finance, Tech, Artificial Intelligence, Cloud Computing, and Data Science Enthusiast. Additionally, I know Java, C, C++, Python, Django, Machine Learning Android Development, SEO, SMM, Figma, Shopify, and WordPress customization.

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