power distribution
Cabinet likely to approve package for power distribution utilities due to low demand
The package may include creating an alternate investment fund to pay off dues on behalf of the discoms to gencos
Power distribution sector needs drastic reforms: Power secy
Govt is working on bringing in the revised version of the scheme UDAY 2 which seeks to address power sector issues he added.
Debt refinancing may lower discom losses to Rs 37.5K cr: ICRA
Progress in implementation of UDAY has been satisfactory with 22 states/UTs having already signed up for it.
UDAY to cover 90 pc discom debt after Tamil Nadu
The scheme was launched by Centre in Nov 2015 for turnaround of debt stressed utilities by 2019.
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