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DISCOMS In Union Territories To Be Privatised
The government will take steps to privatise power distribution companies (DISCOMs) in union territories, the Finance Minister said, while announcing the fourth tranche of her economic package. "Inefficiencies of the distribution companies will not be allowed to hurt consumers," Finance Minister, ...
Your Electricity Bill To Go Down
In a year almost you can expect your electricity bills to come down by 3-5 paise per unit as power distribution companies are now reported to make payments in advance to power generating companies and this is reducing working capital needs ...
Govt formulates scheme for recasting of DISCOMS loans
A scheme has been formulated by the Government for Financial Restructuring of the State Distributing Companies (DISCOMS) at the national level of the short term loans of power distribution companies of the country. The Scheme is available to all participating ...
Power sector gets a pleasant shock; govt to restructure
In a welcome move to uplift the inefficient power sector, the government has decided on a restructuring package for the state electricity boards, which are saddled with massive losses totalling nearly Rs 190,000 crores. The following are the final details ...
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