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Supreme Court Mandates States to Clear Power Dues in 4 Years, Paving Way for Tariff Hikes Nationwide – EQ

In Short : The Supreme Court has ordered all states and Union Territories to clear power distribution companies’ (DisComs) regulatory dues within four years, starting April 2024. New dues must be settled within three years. This ruling mandates cost-reflective tariffs, likely causing a rise in electricity bills across India, while ensuring financial stability and accountability […]

India Achieves 490 MWh Energy Storage Milestone, Strengthening Renewable Power Infrastructure – EQ