38 discoms qualify for Rs 1.9 trillion under Centre's new reform scheme

The Bharatiya Janata Party (BJP) led central government’s second reform scheme to revive state-owned power distribution companies (discoms) will begin with 38 discoms that have received funding approval after meeting the qualification criteria.

State-owned discoms across the country are financially and operationally beleaguered despite four reform schemes in the past 15 years. The earlier discom reform scheme UDAY concluded in FY20 with most of the discoms failing to meet their stipulated targets and are still in the red. The fiscal weakness of the discoms is impacting the supply chain with a record Rs 1 trillion dues to the power generating