Business Standard

Thursday, December 26, 2024 | 02:47 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

All states come on board for Rs 3 trillion discoms reforms scheme

States have been given till December to submit loss reduction plan; many of them will do so by October, says power minister

The latest amendments to the Electricity Act, 2003 seek to abolish power "distribution licence" and allow any company to supply electricity in an area
Premium

Shreya Jai New Delhi
States are in consensus with the Centre on the Rs 3-trillion power distribution reforms scheme launched this year, said R K Singh, union minister for power, new and renewable energy.

Singh held a virtual meeting with state power ministers on Thursday. He said, however, the states have been given a two-month extension--till this December--to submit their loss reduction plan.

"Almost all states have said that they will reduce their losses and draft a plan for it. Most of them will be able to submit their plan by October," Singh said, adding the ministry will handhold states in preparing their loss

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in