Discoms’ revenue gap to rise by Rs 300 billion

Given the lockdown restrictions which led to a significant drop in revenue from commercial & industrial consumers, the revenue gap for discoms is estimated to increase by Rs 300 billion in FY21, ICRA has said.

This is lower than earlier estimated due to the better-than-expected recovery in demand.

But the FY21 loss would rise sharply if the revenue gap estimate is not allowed as ‘Regulatory Asset’, it said.