Latest news with #INR6.77
Time of India
02-07-2025
- Business
- Time of India
Darkness at noon: Can this reform succeed after failing four times?
Darkness at noon: Can this reform succeed after failing four times? image credit: iStock Synopsis Power distribution companies are ailing despite decades of reform packages and bailouts. As the world embraces green energy and decentralised grids, discoms risk turning fiscal landmines. But one drastic step can save them all. By PRASHANT MUKHERJEE 10 Mins Read, Jul 03, 2025, 04:55 AM IST SHARE THIS NEWS Close Font Size Abc Small Small Abc Normal Normal Abc Large Close Accumulated losses: INR6.77 lakh crore Losses as percentage of GDP: 2% Tariff subsidies by state governments: INR1.66 lakh crore Grants and equity support by states: INR1.4 lakh crore India's electricity distribution companies, or discoms, are a tough row to hoe. While they are responsible for delivering electricity to over 80% of Indian households, industries, and farms, the harsh reality is that their economic viability is under severe stress
Economic Times
02-07-2025
- Business
- Economic Times
Darkness at noon: Can this reform succeed after failing four times?
Accumulated losses: INR6.77 lakh crore Losses as percentage of GDP: 2% Tariff subsidies by state governments: INR1.66 lakh crore Grants and equity support by states: INR1.4 lakh crore India's electricity distribution companies, or discoms, are a tough row to hoe. While they are responsible for delivering electricity to over 80% of Indian households, industries, and farms, the harsh reality is that their economic viability is under severe stress
