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Power Struggle: Centre's reform scheme is a mere bailout pac
Power Struggle: Centre's reform scheme is a mere bailout pac
Power Struggle: Centre's reform scheme is a mere bailout package for discoms
Power Struggle: Centre’s reform scheme is a mere bailout package for discoms
Uttam Gupta
© Provided by The Financial Express
That the money is being offered on a platter is clear from virtually no obligation on the discoms (the performance targets set for 2018-19 now gets shifted to 2025).
In her FY22 Budget speech, FM Nirmala Sitharaman announced that under the proposed Electricity (Amendment) Bill, 2021, the government intends to delicence the distribution business, bring in competition, and give the consumer power to choose her supplier. She also unveiled the Rs 3 lakh crore electricity distribution reform programme to reduce losses and improve the efficiency of discoms.
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