PSU Discoms Clear Dues Faster Than Private Utilities

Public sector electricity companies in India take less time to pay their bills to suppliers like power plants compared to private companies.

Even though public companies are in worse financial shape, they are quicker at paying their dues.

Private companies, on the other hand, take longer to pay but do better in other areas like collecting money from customers and reducing losses.

Public companies have big losses and owe a lot of money, which is a concern for the country's power sector.

The government is working on new policies to help these companies.