Finance Minister Nirmala Sitharaman on Monday announced that the government will soon put in place a framework to allow electricity consumers choose service providers or discoms. <\/p>\n
At present, a large number of power distribution utilities (discoms) across the country are state-owned. They are unable to ensure 24-hour ‘power for all’ as envisaged by the central government because they are cash strapped. <\/p>\n
“Discoms are monopolies. There is a need to provide a choice to customers to choose service provider (distribution company). A framework will be put in place to provide an alternative,” said Sitharaman in her Budget speech in the Lok Sabha. <\/p>\n
She also highlighted about the financial stress in the discoms. <\/p>\n
Total outstanding dues of the discoms toward power generating firms stood at over Rs 1.35 lakh crore as of December 2020. <\/p>\n
She also said that during the last six years, 139 GW of power generation capacity has been added and 2.8 crore households were provided electricity connection. <\/p>\n
She also noted that 1.41 lakh circuit kilometres of power transmission lines were added in the last six years. <\/p>\n
She also announced the proposal to launch hydrogen energy mission next fiscal for generating hydrogen from green power sources.<\/p>\n","protected":false},"excerpt":{"rendered":"
Finance Minister Nirmala Sitharaman on Monday announced that the government will soon put in place a framework to allow electricity consumers choose service providers or discoms. At present, a large number of power distribution utilities (discoms) across the country are state-owned. They are unable to ensure 24-hour ‘power for all’ as envisaged by the central government because they are cash strapped. “Discoms are monopolies. There is a need to provide a choice to customers to choose service provider (distribution company). A framework will be put in place to provide an alternative,” said Sitharaman in her Budget speech in the Lok […]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-398360","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/398360","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=398360"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/398360\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=398360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=398360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=398360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}