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Govt plans $41 bn reform in Budget 2021 to revive ailing power discoms

The plan for carrying out reforms for reducing losses of state distribution utilities was sought by the nation's power ministry and is under discussion

Topics
Centre | Budget 2021 | Power discoms

Siddhartha Singh & Debjit Chakraborty | Bloomberg 



power, electricity, IIP, demand, discoms, distribution, companies, firms, transmission, transformer, workers
The plan will be a modified version of an earlier program unveiled in 2015 to revive power distributors through restructuring of their debtheir debt.

India plans to spend 3 trillion rupees ($41 billion) on a new plan to revive regional electricity retailers, people with knowledge of the matter said, after a previous attempt failed to stem losses at the utilities.

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First Published: Wed, January 27 2021. 17:03 IST

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