CCEA approves Rs 3.03-lakh cr scheme for power discoms

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a five-year-long reform-based result-linked power distribution scheme worth Rs 3.03 lakh crore.

Briefing after the CCEA meet here, Power and New & Renewable Energy Minister R K Singh said, “We have done a lot for power distribution reforms. It needs to be strengthened. Today, the Cabinet has approved the new scheme worth Rs 3.03 lakh crore, including Rs 97,000 crore central outlay.”