{"id":294489,"date":"2019-10-01T10:45:24","date_gmt":"2019-10-01T05:15:24","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=294489"},"modified":"2019-10-01T10:45:24","modified_gmt":"2019-10-01T05:15:24","slug":"corporate-tax-cut-could-lead-to-annual-savings-of-rs-2500-crore-for-the-power-distribution-segment-icra","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/corporate-tax-cut-could-lead-to-annual-savings-of-rs-2500-crore-for-the-power-distribution-segment-icra\/","title":{"rendered":"Corporate tax cut could lead to annual savings of Rs 2,500 crore for the power distribution segment: ICRA"},"content":{"rendered":"<p>KOLKATA: Centre\u2019s recent announcement of lowering corporate tax rate is a positive development for the power sector, as it would allow the power generators with cost plus power purchase agreements (PPAs) to pass on the lower tax benefit to the power distribution utilities (discoms).<\/p>\n<p>As per ICRA\u2019s estimates, the extent of benefit that would accrue to discoms from the power generation and transmission segments, mainly from central and state utilities, would be about Rs 2500 crore annually.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KOLKATA: Centre\u2019s recent announcement of lowering corporate tax rate is a positive development for the power sector, as it would allow the power generators with cost plus power purchase agreements (PPAs) to pass on the lower tax benefit to the power distribution utilities (discoms). As per ICRA\u2019s estimates, the extent of benefit that would accrue to discoms from the power generation and transmission segments, mainly from central and state utilities, would be about Rs 2500 crore annually.<\/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-294489","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\/294489","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=294489"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/294489\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=294489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=294489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=294489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}