{"id":272097,"date":"2019-05-01T05:03:51","date_gmt":"2019-05-01T05:03:51","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=272097"},"modified":"2019-05-01T05:03:51","modified_gmt":"2019-05-01T05:03:51","slug":"indias-power-goals-further-out-of-reach-as-discom-losses-rise-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-power-goals-further-out-of-reach-as-discom-losses-rise-2\/","title":{"rendered":"India&#8217;s power goals further out of reach as discom losses rise"},"content":{"rendered":"<p>Losses by India\u2019s power retailers are set to rise, reversing two years of declines they enjoyed since Prime Minister Narendra Modi\u2019s government unveiled a plan to make the ailing utilities profitable. <\/p>\n<p>Combined losses by state distributors that signed up for the federal government\u2019s reform plan in the first nine months of the fiscal year rose to about 240 billion rupees ($3.4 billion), a 62 percent jump from a year earlier, amid an increase in coal &amp; power costs, according to Ajay Kumar Bhalla, India\u2019s power secretary. <\/p>\n<p>\u201cWe may not have achieved targets, but we feel we have done well,\u201d Bhalla said, pointing to success installing new meters and improving billing and payment collections. \u201cStructural issues have been addressed, and we expect them to yield positive results.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Losses by India\u2019s power retailers are set to rise, reversing two years of declines they enjoyed since Prime Minister Narendra Modi\u2019s government unveiled a plan to make the ailing utilities profitable. Combined losses by state distributors that signed up for the federal government\u2019s reform plan in the first nine months of the fiscal year rose to about 240 billion rupees ($3.4 billion), a 62 percent jump from a year earlier, amid an increase in coal &amp; power costs, according to Ajay Kumar Bhalla, India\u2019s power secretary. \u201cWe may not have achieved targets, but we feel we have done well,\u201d Bhalla [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-272097","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/272097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=272097"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/272097\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=272097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=272097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=272097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}