India gets ₹3.05 trillion power discom reform scheme
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In January 2014, the Aam Aadmi Party-led Delhi government ordered the audit of the three discoms BSES Rajdhani Power Ltd and BSES Yamuna Power Ltd and Tata Power Delhi Distribution Ltd by the CAG. Photo: Mint
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Finance minister Nirmala Sitharaman on Monday announced a ₹3.05 trillion electricity distribution reform programme in the Union budget to help reduce losses and improve the efficiency of electricity distribution companies (discoms).
While presenting her third Union Budget she also announced putting a framework in place for allowing a choice of electricity supplier to the consumers. The ongoing Parliament session will consider the Electricity (Amendment) Bill, 2021, that has proposed amendments including measures such as “de-licensing of the power distribution business to bring in competition.
Economic Survey flags high T&D losses in power sector
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Last Updated: Jan 29, 2021, 06:00 PM IST
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India s T&D losses have been over 20 per cent of generation, which is more than twice the world average. The ideal level of T&D losses ranges between six to eight per cent.
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New Delhi: India s transmission and distribution (T&D) losses in the power sector are substantial and are very high compared to peer nations, flagged the Economic Survey for 2020-21. The T&D losses represent electricity that is generated but does not reach intended customers. India s T&D losses have been over 20 per cent of generation, which is more than twice the world average. The ideal level of T&D losses ranges between six to eight per cent.
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Govt may unveil ₹3 trillion power supply reform
According to Emkay Global Financial Services, pending dues of power discoms to generation companies rose 35% from a year earlier in October to ₹1.26 trillion.
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Finance minister Nirmala Sitharaman may announce a ₹3 trillion electricity distribution reform programme in the Union budget to help reduce losses and improve the efficiency of power distribution utilities, a government official said.
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