India needs to ‘radically’ improve the performance of the state electricity distribution companies (discoms) and leverage technology to bring down the high logistics cost, said Niti Aayog chief executive officer Amitabh Kant at “Mint India Investment Summit” on Wednesday.
This comes against the backdrop of the proposed Electricity (Amendment) Bill, 2021, that aims to delicense power distribution and increase competition, unleashing next-generation power sector reforms in India.
“My belief is that key reforms have been carried out. We need really good implementation on ground. There are two areas where I think we need to radically improve—one is the performance of our state power distribution companies,” said Kant.