Despite financial losses of state-owned electricity distribution companies (discoms) rising 44% annually to rs 21,658 crore at the end of FY19, electricity regulators of most major states have either delayed or announced meagre tariff hikes that would exacerbate the discoms’ financial woes in FY20.
As it is, limited or no tariffs hike was proposed by most of the discoms when they filed for tariff revision during the run up to the Lok Sabha elections. Only 15 states have issued tariff orders so far and that exclude major power consumers such as Uttar Pradesh, Maharashtra, Telangana, Tamil Nadu, Rajasthan and Madhya Pradesh.
Even though the state regulators of Jharkhand, Bihar, Chhattisgarh, Andhra Pradesh, Odisha, Haryana and Gujarat have come up with FY20 orders Read More
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