Support to India’s power discoms based on performance, says Centre
CHENNAI: The Union Cabinet on Wednesday approved a Rs 3.03 lakh crore scheme aimed at improving the operational efficiency and financial sustainability of India’s leaky power distribution system.
Under this “reforms-based and result-linked” scheme, power distribution companies (discom) will be provided with financial assistance provided they meet pre-qualifying criteria and certain minimum benchmarks set on the basis of an evaluation framework that will focus on financial improvements.
