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Power Struggle: Centre's reform scheme is a mere bailout package for discoms - Vimarsana News

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...

Source: msn.com