Discoms propose asset monetisation to charge up working capital needs

State-owned power distribution companies (discoms) have mooted the idea of asset monetisation to the Centre to free up working capital for infrastructure growth. The idea was backed by several state power departments and discoms in a recent meeting of the committee formed by the union ministry of power for ‘Debt Sustainability of Discoms’.

The move comes at a time when states are facing record power demand. But at the same time, there has also been a spike in the electricity supply deficit in several states. Experts have pointed out that while at the national level the grid efficiently manages the