Govt mulls more steps to keep cash-strapped discoms afloat

New Delhi: The government may soon announce more steps — like cheaper working capital and lower tariff — for power discoms to ensure uninterrupted electricity supply during the lockdown to contain COVID-19.

“The Power Ministry is working on a proposal to provide relief to discom to keep them afloat during the lockdown, especially when the demand is low and their bills collections is negligible,” according to a source.

The power demand has came down by almost one third during the lockdown.

Read more

You may also like

Comments are closed.

More in Live Mint