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Here's How India Wants To Help Struggling Discoms After UDAY Failure
The New Discom Package: A Partial Solution To A Wholesome Problem
09 Jul 2021, 07:50 AM IST ![NDTV Profit](/icons/feather-without-circle.svg)
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![<div class="paragraphs"><p>Towers carrying power lines stand next to a highway in New Delhi. (Photographer: Prashanth Vishwanathan/Bloomberg)</p></div>](https://media.assettype.com/bloombergquint%2F2021-07%2F8c1a8137-c34d-4e26-9f29-f00d8bac15a0%2F232329242.jpg?rect=0%2C77%2C3000%2C1688&auto=format%2Ccompress&w=200)
Towers carrying power lines stand next to a highway in New Delhi. (Photographer: Prashanth Vishwanathan/Bloomberg)
The central government has approved a reform-linked scheme to shore up health of the country’s debt-ridden electricity distribution companies, nearly six years after UDAY plan that failed to find a lasting solution.The results-linked power distribution scheme—with an outlay of Rs 3.03 lakh crore—seeks to provide conditional financial assistance to discoms to improve their supply infrastructure, the government said in a statement last...
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