Tag «discoms»

Restructuring Debts of DISCOMS’ for Sustainable Power Growth

The Minister of State (IC) for Power, Government of India Sh. Jyotiraditya Madhavrao Scindia has said that a refocus on the investment in power sector is the need of the hour as India’s investment is linked to this sector. While inaugurating a Conference on “Restructuring Debts of DISCOMS’ for Sustainable Power Growth” here today the …

Government notifies scheme for Financial Restructuring of State Owned Distribution Companies

The Government has notified a scheme for Financial Restructuring of State Owned Distribution Companies (Discoms) on 05.10.2012. The scheme contains various measures required to be taken by State Discoms and State Governments for achieving the financial turnaround of the Discoms by restructuring their debt with support through a Transitional Finance Mechanism by Central Govt. The …