Business Standard

Long leaps for discoms before they sign up for new reform scheme

Ghosts of mounting financial losses and worsening technical performance still haunt; discoms would need to walk many extra miles to become eligible for the new package

discoms
Premium

Shreya Jai New Delhi
As state-owned power distribution companies (discoms) across the country are being pushed by the Centre to come on board for the new reform scheme, ghosts of the past mis-steps continue to haunt them. Be it mounting financial losses, or worsening technical performance, discoms would need to walk many extra miles to become eligible for the new package.

Here is a detailed picture of the current status of discoms and the bearing it will have on the prospects of their joining the new scheme.

Financial losses

The financial losses of the discoms have increased despite a reform scheme, UDAY, running for

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