The power sector is going through troubled times and according to a recent RBI report, the total debt burden of India’s states is expected to touch Rs 52.52 lakh crore by the end of 2020 fiscal, an 11.5% rise from the previous year. One of the major reasons for this is the indebtedness of power distribution companies or discoms. Union power minister R K Singh has a talk with TOI’s Maulik Pathak on the situation.
The government is working on a new scheme for discoms with loss reduction trajectories for each state. Can you elaborate?
So far, we had the Ujwal Discom Assurance Yojana (UDAY) which laid out the trajectory for loss reduction of discoms. Read More
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