39 discoms submit draft proposals under ₹3 trillion power reform scheme – EQ Mag Pro
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Meghalaya and Assam have become the frontrunners in planning their operational and financial reforms, with 39 out of 55 beneficiary electricity distribution companies (discoms) submitting their draft proposals under the ₹3 trillion Revamped Distribution Sector Scheme.
This comes in the backdrop of the government rolling out the marquee power discom reform scheme, wherein the Centre’s share will be ₹97,631 crore. The scheme aims at reducing the AT&C loss to 12-15% and eliminating ACS-ARR gap at pan India level by FY 2024-25 with the funds to be released to discoms subject to them meeting reform-related milestones.
“State Governments of Meghalaya and Assam have become the frontrunners in planning their operational and financial reforms as well as the underlying works to accomplish the same under Revamped Distribution Sector Scheme (Nodal Agency – REC).
Source: energyinfrapost
