UP discoms eye speedy rollout of new scheme

With the Yogi Adityanath 2.0 government having assumed office on Friday, the beleaguered distribution companies (discoms) in Uttar Pradesh are looking forward to the speedy roll-out for the Centre’s new results-linked Revamped Distribution Sector Scheme (RDSS).

The outgoing government had approved the action plan and detailed project report and shared it with the REC, which along with PFC, is the nodal lending agency for the Rs 3.03-trillion scheme launched by the Union ministry of power in July last year. UP’s five state-run discoms are now expecting the Centre to sanction the projects once the biennial state legislative council elections, which are underway for 36 seats of UP’s upper house, get over by mid-April.