States Must Decide Whether DISCOMs Are Treated As Commercial Or Social Entities; FIs Should Not Shy Away From Lending To Clean Tech Projects: PHDCCI
•PHDCCI organized their DISCOM Conclave with the theme – Initiatives by DISCOMs for Providing Clean Power to Industry. Chief Guest, Mr Rajnath Ram, Adviser NITI AAYOG, in his address suggested that for better financial health of DISCOMs, States should take a call whether to treat DISCOMs as Commercial enterprises or Social enterprises.
•Bad financial health of DISCOMs, lack of funding support for clean tech projects from FIs, free electricity to residential areas, non-revision of electricity tariffs as major problems in the Power sector.
•Significance of new technologies like Smart Grids, Smart Meters and Digitisation urged DISCOMs to provide clean and cheap electricity to the industry.
States Must Decide Whether DISCOMs Are Treated As Commercial Or Social Entities; FIs Should Not Shy Away From Lending To Clean Tech Projects: PHDCCI
•Bad financial health of DISCOMs, lack of funding support for clean tech projects from FIs, free electricity to residential areas, non-revision of electricity tariffs as major problems in the Power sector.
•Significance of new technologies like Smart Grids, Smart Meters and Digitisation urged DISCOMs to provide clean and cheap electricity to the industry.
States Must Decide Whether DISCOMs Are Treated As Commercial Or Social Entities; FIs Should Not Shy Away From Lending To Clean Tech Projects: PHDCCI