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Govt clears INR 1.6 lakh crore reforms for power DISCOMs in 12 states, J&K

  • Posted On: April 25, 2022
Centre has approved assistance of more than INR 1. 6 lakh crore for 12 states and the UT of J&K for implementing measures in power sector. These include installing smart meters, cutting line losses and erasing gap between cost of supply and revenue realisation, with the aim of restoring financial viability of discoms (distribution companies).

INR 88,000 crore alone is for smart meters, Tamil Nadu will be the biggest recipient on this count (Rs 19,235 crore), followed by Uttar Pradesh (Rs 18,956 crore). About Rs 75,000 crore is for measures to reduce line losses and developing institutional capabilities.

Uttar Pradesh will be the biggest beneficiary in terms of total assistance, pegged at Rs 35,702 crore. Tamil Nadu is next with Rs 28,301 crore, followed by Rajasthan (Rs 18,627 crore), Madhya Pradesh (Rs 18,172 crore), Gujarat (Rs 16,559 crore), Andhra Pradesh (Rs 13,405 crore) and Kerala (Rs 10,578 crore). The assistance has been approved under a Rs 3. 3-lakh RDSS scheme.

Govt clears Rs 1.6 lakh crore reforms for power discoms in 12 states, J&K - Times of India (indiatimes.com)