Delhi on Tuesday said it will continue a subsidy offered on electricity for the current fiscal year as well. It also announced that it will pay 50 per cent of the subsidy amount for this quarter to the power distribution companies (discoms) to improve the cash flow.
In a notice issued under the Section 65 of the Electricity Act, the Delhi government said it will pay 50 per cent of the subsidy amount for this quarter directly. The other half will be paid to the two state-owned power generating companies and the transmission company, Delhi Transco Limited, to settle the