The Rs 90,000-crore liquidity package for discoms to help them pay their dues till the month of March would soon be enhanced to Rs 1.2 lakh crore factoring in these utilities' outstanding till June, said a senior official. Finance Minister Nirmala Sitharaman in May announced a Rs 90,000 crore liquidity infusion into cash-strapped discoms for payment of their dues till March 2020. Discoms have been facing demand slump due to the lockdown to contain COVID-19.
Participating in a webinar on 'Innovation in Renewable Energy' organised by PHDCCI, Power Secretary S N Sahai said the liquidity package would cover the outstanding dues of discoms for the months from April to June also and it would be enhanced to Rs 1.2 lakh crore.
While announcing the package, the government had said, "At present discoms have a total outstanding of Rs 94,000 crore towards power generation firms (gencos)." However, later states demanded that the package be extended toinclude outstanding dues towards power generation and transmission firms for the month of April and May as well.