Meanwhile, cash collection continued the upward trend since FY23, supported by reforms implemented by the central government, the agency said on Friday.
Restricted groups are classified according to the agency’s classification.renewable energy ‘project qualification criteria’ and include 110 wind and solar assets with a total capacity of 6,198 MW.
Wind power generation Solar generation increased 2% in fiscal year 2024 as new assets came online, up 1% from the agency’s estimate for fiscal year 2023.
Improving cash collection
Revenue collection days from power sales continued to improve in fiscal year 2024, standing at around 100 days, up from 140 days in fiscal year 2023. Collections improved for both wind and solar assets of most state-owned distribution companies.
Commercial and industrial customers have also largely paid on time in recent years. Only Rajasthan’s state-run distribution companies delayed payments overall, although total collection days were still within 60 days.
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