Power play: Stage set for more private funds in power distribution business

Leading private power companies have pledged interest in state-run distribution entities (discoms), which could come their way under a new government policy, but added a few caveats: payment guarantee in terms of timely release of government subsidies and receipt of dues from public sector entities, performance incentives and long-term contracts that gel with the long-gestation nature of the power distribution business.
The government is framing a new scheme for discoms to finance infrastructure upgrade.