Manohar Lal urged State Electricity Regulatory Commissions to move towards cost‑reflective tariffs while ensuring targeted subsidies for needy consumers, in line with the provisions of the Electricity Act. Union Minister for Power, Manohar Lal, has said that with India’s power sector set to expand beyond what can be imagined today, distribution companies (discoms) must become...
Tag: distribution companies
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Power ministry brings all distribution companies under EC Act ambit
Ministry of Power has said that it had mandated that all electricity distribution companies would be brought under the ambit of the Electricity Conservation (EC) Act.
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RBI suggests alignment of existing debt recast pacts with scheme
The existing bilateral debt recast schemes between banks and some power distribution companies may be aligned with the government-introduced debt restructuring scheme, Reserve Bank of India (RBI) suggested. Last year, lenders entered into a debt restructuring agreement with power distribution firms in Uttar Pradesh, Rajasthan and Haryana — who together owe
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