Union Territories directly come under the central government. Hence, the path to privatisation is easier
The eight sectors in which reforms are to be introduced are coal, minerals, defence production, aviation, power discoms in UTs, space technology and atomic energy
Sitharaman said privatisation of discoms will lead to better service to consumers and improvement in operational and financial efficiency in power distribution
Minister of state for power says soft loans at 8-10% interest rate being given to discoms to help them pay dues
Among 15 measures announced - 6 are for MSMEs, 2 related to EPF and 2 related to MFIs, 1 to discoms, 1 to contractors, 1 to real estate, and 2 tax measures
The decline is equivalent to losing the entire energy demand of India, the world's third-largest energy consumer
On a weekly basis, electricity generation is down 3% in the last week of April
Former regulators question its need, legal experts cite loopholes
The package may also include steps like directions to the state and central power regulators to reduce electricity traiff, the source sai
The financial profile of the state distribution utilities or discoms has not seen an improvement in 2019-20
Power engineers write letter to PM Modi seeking moratorium on payments
Discoms in Rajasthan, Uttar Pradesh, Jammu & Kashmir, Telangana, Andhra Pradesh, Karnataka and Tamil Nadu account for the major portion of dues to power gencos
These directions came as part of the APERC's Tariff Order determining the retail tariff, the energy supply and the Discoms' revenue requirements for the year 2020-21, issued on Monday
Power ministry has been planning it for two years, but with limited success
After the merger, the new entity will be required to reduce its exposure in a project to 25 per cent which may not be feasible
The minister said benefits under the new scheme would be disbursed if discoms stick to their trajectory for loss reduction
Several markets and business models are emerging and will co-exist in India.
The Centre aims to reduce electricity transmission and distribution losses in the country to 15 per cent in next two years, Singh said
Power producers' total outstanding dues owed by distribution companies stands at Rs 69,558 crore by September-end 2019
Discoms plan to leave domestic, commercial, industrial and agriculture consumers largely untouched during the year 2020-21