12 states, J&K debarred from power trading over pending liabilities
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The Power System Operation Corporation (POSOCO) has penalized 12 states and a Union Territory by debarring them from trading electricity at the spot market for not clearing liabilities. Among them are power distribution companies (Discoms) in Andhra Pradesh, Tamil Nadu, Telangana, Karnataka, Bihar, Jharkhand, Madhya Pradesh, Maharashtra, Chhattisgarh, Jammu and Kashmir, Rajasthan, Manipur, and Mizoram, as per reports.