SRINAGAR: The Jammu and Kashmir government faces an outstanding liability of Rs 4,751 crore towards various central and private power suppliers as of September 30, 2025, official data tabled in the Assembly has revealed.
According to the supplementary information furnished in response to a starred question by legislator Balwant Singh Mankotia, the highest dues are owed to the Power Grid Corporation of India Limited (PGCIL) and the National Thermal Power Corporation (NTPC), amounting to Rs 772 crore and Rs 638 crore, respectively.
The data shows that Jammu and Kashmir Power Development Department (PDD) also owes Rs 449 crore to NHPC, Rs 61 crore to the Nuclear Power Corporation of India Limited (NPCIL), and Rs 49 crore to the SJVNL-Nathpa Jhakri project. The liability to the Jammu and Kashmir Power Development Corporation (JKPDC) and the Baglihar Hydroelectric Project (BHEP) together stands at Rs 2,675 crore — the single largest component in the list.
Among other notable dues are Rs 100 crore to Jindal Power, Rs 93 crore to RKM Talcher, Rs 92 crore to RKM IB, and Rs 63 crore to JIPTL. The state also owes Rs 101 crore under deviation settlement charges, Rs 51 crore to MEJA, Rs 30 crore to THDC, and Rs 25 crore to SJVNL Rampur.
Smaller liabilities include Rs 15 crore each to APCPL (Jhajjar) and Uttar Pradesh PTCL, Rs 10 crore to Punjab and Uttar Pradesh for power banking, and Rs 3 crore to Avaada Sunrays. A few entities like NLC, NTPL, and NTECL have no pending dues.
The data paints a picture of growing financial stress in Jammu and Kashmir’s power sector, where aggregate technical and commercial (AT&C) losses remain among the highest in the country. Officials have previously cited low revenue realisation, non-payment by consumers, and transmission losses as key reasons for the widening gap between power purchase costs and recoveries.
While the Union Territory remains heavily dependent on external power purchases to meet its demand, the mounting liabilities underscore the persistent mismatch between consumption and revenue, a challenge that has prompted calls for structural reforms and stricter billing discipline across the region.
