State discom to see profit this year: Tamil Nadu power minister

State govt added an additional power of 10,496 Mw from 2011 by commissioning new power stations

The Tamil Nadu discom is expected to register profit during the year 2017-18 after a long gap of 15 years, said the government.

In 2017-18, Rs 2,150 crore profit is expected as against a loss reported in the previous years for Tangedco.

"After a long gap of 15 years, it is expected that TTangedco will break even during the year 2017-18, which is on a fiscal year basis without considering the debt of around Rs 81,000 crore," said P Thangamani, Minister for Electricity, Prohibition and Excise.

Various steps, including joining the UDAY Scheme and efficient coal management and import substitution has