State-run electricity distribution companies (discoms) reported financial losses of Rs 21,658 crore at the end of FY19, up 4.4% year-on-year, reversing the declining trend since the UDAY scheme for these entities\u2019 revival was launched in November 2015. Worse, according to the provisional data furnished by 26 states\/UTs, the aggregate technical and commercial (AT&C) losses \u2014 electricity units lost on account of pilferage \u2014 of their discoms stood at 19.1% at the end of FY19, while the target was to bring down these losses to 15% by FY19-end. In fact, there was a 0.4 percentage point increase in these losses from the level recorded a year earlier, reversing the downward trajectory seen till FY18-end (on a quarterly basis, the y-o-y reduction in AT&C loss continued till Q3FY19).<\/p>\n","protected":false},"excerpt":{"rendered":"
State-run electricity distribution companies (discoms) reported financial losses of Rs 21,658 crore at the end of FY19, up 4.4% year-on-year, reversing the declining trend since the UDAY scheme for these entities\u2019 revival was launched in November 2015. Worse, according to the provisional data furnished by 26 states\/UTs, the aggregate technical and commercial (AT&C) losses \u2014 electricity units lost on account of pilferage \u2014 of their discoms stood at 19.1% at the end of FY19, while the target was to bring down these losses to 15% by FY19-end. In fact, there was a 0.4 percentage point increase in these losses from […]<\/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":[130,240,138],"tags":[],"class_list":["post-275449","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/275449","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=275449"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/275449\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=275449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=275449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=275449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}