Encouraged by the Supreme Court's intervention through a PIL to get compound interest on loans up to Rs 2 crore waived off, power generating firms Thursday pleaded for loan restructuring during pandemic and extension of deadline from December 31 till March 31. Appearing for gencos, A M Singhvi told a bench of Justices Ashok Bhushan, R S Reddy and M R Shah the Centre and RBI had unfairly left out power generating companies from the purview of loan restructuring. He said unpaid dues of gencos had increased from Rs 75,000 crore in October 2019 to Rs 1.22 lakh crore. Solicitor general Tushar Mehta said fiscal policy falls in the domain of the Union government and the SC should not interfere in such matters. "These are extraordinary times. Power generating companies have huge arrears due from power distributing companies. They are facing the brunt because discoms are not paying up for the power they have drawn from generating companies and yet the latter is excluded from restructuring of loans," Singhvi told a bench of Justices Ashok Bhushan, R S Reddy and M R Shah.