Cash windfall for discoms as defaulters rush to clear dues _ business standard news

The central government’s demonetisation drive seems to have led to a windfall for power distribution companies (discoms) across the country. Electricity experiments The discoms are witnessing defaulters coming forward to clear arrears and in many cases, consumers also depositing advance payment.

The government has allowed consumers to deposit old currency notes in state electricity boards (SEBs) to pay bills. Gas in oil For private discoms, there is a daily limit of Rs 4,000 per consumer to be paid by cash. Electricity lessons for 5th grade SEBs, reeling under debt and high percentage of commercial losses, have welcomed the sudden surge in cash.

For instance, at Paschimanchal Vidyut Vitaran Nigam, one of the five state-owned discoms in Uttar Pradesh, the collection was Rs 500 crore in the past four days alone – a tenfold increase over normal days.

A senior official with the UP Power Corporation said collection is Rs 20 crore higher than usual, but there’s no distinction as arrear or bill payment. Mp electricity bill pay indore “People are paying in absolute amount to get rid of old currency. M gastrocnemius We’ll know in a month’s time how much of it is bill payment and how much is to clear dues. Gas block dimple jig We would then calculate the realisation against bad debt.”

The three discoms in Rajasthan collected close to Rs 480 crore in four days after the announcement of demonetisation. Electricity in costa rica The collection in a month usually is around Rs 2,000 crore.

Rajasthan’s discoms are saddled with losses to the tune of Rs 80,000 crore -– the highest in the country. Gasco abu dhabi contact It is followed by UP with Rs 50,000 crore. Inert gas definition chemistry Rajasthan state government officials said the sudden cash influx would not make any difference to their coffers, but they might be able to pay back some portion of their working capital loans.

Rajasthan has the highest technical and commercial loss among all states at 27 per cent followed by UP with similar loss figure. Gas in babies home remedies One of the major reasons for commercial losses is default in bill payment and energy theft.

Some are hopeful that compliance to paying electricity bills might improve. Electricity magnetism “We would try and collate data of the defaulters once the initial euphoria is over. Gas bijoux discount code There are many who have paid arrears of months together. Electricity production by state They will be marked,” said a senior UP state government official.

In Delhi, which has two privately owned discoms, the footfall increased multifold. Electricity distribution companies For Reliance Infra’s BSES, the footfall at their billing kiosk increased three times. Gas quality comparison At Tata Power Delhi Distribution, the footfall doubled in four days.

The SEBs, though, fear this could be shortlived, as there is a likelihood of liquidity crunch in the coming months. La gasolina lyrics translation The SEBs across UP, Rajasthan, Delhi and Haryana expressed the sentiment that this is a shortlived affair.

“The same consumer who is clearing arrears now would go back to defaulting on payments again. 9gag instagram videos This gives us a chance to start a ‘name and shame’ campaign for defaulters, but that will take some months,” said a senior power sector executive in UP.

Cash windfall for discoms as defaulters rush to clear dues In many cases, consumers are also making advance payment; 10-fold rise in collection over normal days for some discoms In many cases, consumers are also making advance payment; 10-fold rise in collection over normal days for some discoms

The central government’s demonetisation drive seems to have led to a windfall for power distribution companies (discoms) across the country. Gastric sleeve scars The discoms are witnessing defaulters coming forward to clear arrears and in many cases, consumers also depositing advance payment.

The government has allowed consumers to deposit old currency notes in state electricity boards (SEBs) to pay bills. Electricity research centre For private discoms, there is a daily limit of Rs 4,000 per consumer to be paid by cash. Gas oil ratio formula SEBs, reeling under debt and high percentage of commercial losses, have welcomed the sudden surge in cash.

For instance, at Paschimanchal Vidyut Vitaran Nigam, one of the five state-owned discoms in Uttar Pradesh, the collection was Rs 500 crore in the past four days alone – a tenfold increase over normal days.

A senior official with the UP Power Corporation said collection is Rs 20 crore higher than usual, but there’s no distinction as arrear or bill payment. Gas station car wash “People are paying in absolute amount to get rid of old currency. Basic electricity quizlet We’ll know in a month’s time how much of it is bill payment and how much is to clear dues. Arkansas gas association We would then calculate the realisation against bad debt.”

The three discoms in Rajasthan collected close to Rs 480 crore in four days after the announcement of demonetisation. Electricity notes for class 10 The collection in a month usually is around Rs 2,000 crore.

Rajasthan’s discoms are saddled with losses to the tune of Rs 80,000 crore -– the highest in the country. Gas x side effects It is followed by UP with Rs 50,000 crore. Electricity out in one room Rajasthan state government officials said the sudden cash influx would not make any difference to their coffers, but they might be able to pay back some portion of their working capital loans.

Rajasthan has the highest technical and commercial loss among all states at 27 per cent followed by UP with similar loss figure. Electricity word search answer key One of the major reasons for commercial losses is default in bill payment and energy theft.

Some are hopeful that compliance to paying electricity bills might improve. M power electricity “We would try and collate data of the defaulters once the initial euphoria is over. Electricity formulas physics There are many who have paid arrears of months together. Electricity experiments elementary school They will be marked,” said a senior UP state government official.

In Delhi, which has two privately owned discoms, the footfall increased multifold. Electricity journal For Reliance Infra’s BSES, the footfall at their billing kiosk increased three times. Gas symptoms At Tata Power Delhi Distribution, the footfall doubled in four days.

The SEBs, though, fear this could be shortlived, as there is a likelihood of liquidity crunch in the coming months. Gas news of manipur The SEBs across UP, Rajasthan, Delhi and Haryana expressed the sentiment that this is a shortlived affair.

“The same consumer who is clearing arrears now would go back to defaulting on payments again. Gas upper back pain This gives us a chance to start a ‘name and shame’ campaign for defaulters, but that will take some months,” said a senior power sector executive in UP.

Cash windfall for discoms as defaulters rush to clear dues In many cases, consumers are also making advance payment; 10-fold rise in collection over normal days for some discoms

The central government’s demonetisation drive seems to have led to a windfall for power distribution companies (discoms) across the country. Gas chamber jokes The discoms are witnessing defaulters coming forward to clear arrears and in many cases, consumers also depositing advance payment.

The government has allowed consumers to deposit old currency notes in state electricity boards (SEBs) to pay bills. Gas oil ratio calculator For private discoms, there is a daily limit of Rs 4,000 per consumer to be paid by cash. Gas near me cheap SEBs, reeling under debt and high percentage of commercial losses, have welcomed the sudden surge in cash.

For instance, at Paschimanchal Vidyut Vitaran Nigam, one of the five state-owned discoms in Uttar Pradesh, the collection was Rs 500 crore in the past four days alone – a tenfold increase over normal days.

A senior official with the UP Power Corporation said collection is Rs 20 crore higher than usual, but there’s no distinction as arrear or bill payment. Gas x while pregnant “People are paying in absolute amount to get rid of old currency. 5 gas laws We’ll know in a month’s time how much of it is bill payment and how much is to clear dues. Electricity 101 youtube We would then calculate the realisation against bad debt.”

The three discoms in Rajasthan collected close to Rs 480 crore in four days after the announcement of demonetisation. Electricity trading The collection in a month usually is around Rs 2,000 crore.

Rajasthan’s discoms are saddled with losses to the tune of Rs 80,000 crore -– the highest in the country. Gas prices in michigan It is followed by UP with Rs 50,000 crore. Eseva electricity bill payment Rajasthan state government officials said the sudden cash influx would not make any difference to their coffers, but they might be able to pay back some portion of their working capital loans.

Rajasthan has the highest technical and commercial loss among all states at 27 per cent followed by UP with similar loss figure. Electricity definition wikipedia One of the major reasons for commercial losses is default in bill payment and energy theft.

Some are hopeful that compliance to paying electricity bills might improve. Gas efficient suv 2008 “We would try and collate data of the defaulters once the initial euphoria is over. 8 gas laws There are many who have paid arrears of months together. La gastronomia They will be marked,” said a senior UP state government official.

In Delhi, which has two privately owned discoms, the footfall increased multifold. Gas yoga For Reliance Infra’s BSES, the footfall at their billing kiosk increased three times. Electricity lab physics At Tata Power Delhi Distribution, the footfall doubled in four days.

The SEBs, though, fear this could be shortlived, as there is a likelihood of liquidity crunch in the coming months. Victaulic t gasket The SEBs across UP, Rajasthan, Delhi and Haryana expressed the sentiment that this is a shortlived affair.

“The same consumer who is clearing arrears now would go back to defaulting on payments again. Wb state electricity board bill pay This gives us a chance to start a ‘name and shame’ campaign for defaulters, but that will take some months,” said a senior power sector executive in UP.