SECI is the Implementing Agency for the JNNSM Schemes and has signed 25-year PPAs & PSAs with developers & DISCOMs respectively. To address payment delays from DISCOMs, Payment Security Fund (PSF/PSM) has been established, comprising various sources including penalties received from developers and interest. SECI utilizes this PSF to ensure timely payments to developers and replenishes it upon receipt of funds from DISCOM. The PSF is applicable only for projects awarded under 750MW Phase-II Batch-I, 2000MW Phase-II Batch-III and 5000MW Phase-II Batch-IV scheme.
| PAYMENT SECURITY FUND (PSF/PSM) STATUS | AMOUNT (INR in Crores) |
| PSM Fund size as on 31st December 2024 | 1701.77 |
| PSM Fund size as on 30th September 2024 | 1684.27 |
PSM Fund size as on 30th June 2024 |
1671.14
|
|
PSM Fund size as on 31st March 2024 |
1561.44
|
|
PSM Fund size as on 31st December 2023
|
1545.66
|
|
PSM Fund size as on 30th September 2023
|
1526.06
|
|
PSM Fund size as on 30th June 2023
|
1446.38
|
|
PSM Fund size as on 31st March 2023 |
1396.12
|
|
PSM Fund size as on 31st December 2022 |
1401.71
|
|
PSM Fund size as on 30th September 2022
|
1386.94
|
|
PSM Fund size as on 30th June 2022
| 1373.83 |
| PSM Fund size as on 31st March 2022 |
1223.98
|
| PSM Fund size as on 31st December 2021 | 1213.62 |
| PSM Fund size as on 30th September 2021 | 1192.63 |
| PSM Fund size as on 30th June 2021 | 1200.23 |
| PSM Fund size as on 31st March 2021 | 1175.76 |
| PSM Fund size as on 31st December 2020 | 1124.92 |
| PSM Fund size as on 30th September 2020 | 1074.79 |