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

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.
 

The spending would be spread over a few years and is likely to be unveiled on Feb. 1 as part of the government’s budget for the year starting April 1, the people said, asking not to be identified as the proposal isn’t public. The plan for carrying out reforms for reducing losses of state distribution utilities was sought by the nation’s power ministry and