Joint power council a permanent way out of the DISCOM bailout cycle


18 June 2019 |

All eyes are on the new government as there is talk building up of an ambitious 100-day reform agenda. Expectations are rising now that the government has won a decisive mandate and there is pressure to deal with a multitude of macroeconomic troubles. It is reassuring to note that resolving DISCOM offtake risk seems high on the agenda of the new government. News sources quoting senior government officials give us a peek into various solutions being considered by the government – payment security fund, restructuring of tariff subsidies, penalising DISCOMs for failure to provide a basic minimum standard of service and a joint power sector council comprising the central and state governments.


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