Friday, July 11, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Banking & Finance

Report calls for changes in policy and reforms for discoms

Fiinews by Fiinews
August 5, 2021
in Banking & Finance, Infrastructure, Investment, Projects, Technology
Reading Time: 2 mins read
A A
0
PIB-NITI Aayog

NITI Aayog-RMI officials launching the report on discoms.

0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

NITI will partner with some of the states to take these reforms forward

Changes in policy, organisational and managerial systems as well as technological reforms are needed for most of the Indian power distribution companies (discoms) which incur losses every year. For FY 2021, the discoms have posted as much as Rs.90,000 crore of losses, according to a report on the industry.

Due to these accumulated losses, discoms are unable to pay generators on time, make investments required to ensure high-quality power or prepare for greater use of variable renewable energy, said the report, Turning Around the Power Distribution Sector, co-authored by NITI Aayog, RMI and RMI India.

Dr V K Saraswat, Member (NITI Aayog), added, “This report presents policymakers with a menu of reform options to put the distribution sector on the track of efficiency and profitability. NITI will partner with some of the states to take these reforms forward.”

Highlighting the need for addressing current challenges, RMI Managing Director Clay Stranger said, “A robust and long-lasting solution to the woes of the discoms requires changes in policy as well as organisational, managerial, and technological reforms. Different states have travelled along different pathways of reforms, giving a rich set of policy experiments to learn from.”

  • GIIS

The report, released on 3 Aug 2021, presents a review of reform efforts in the Indian and global power distribution sector. It extracts the learnings and best practices from the wealth of policy experience that exists in the country.

“The report examines many important reforms, such as the role of the private sector in distribution, power procurement, regulatory oversight, integration of renewable energy and upgradation of infrastructure,” said NITI Aayog ViceChairman Dr Rajiv Kumar.

“A healthy and efficient distribution sector is essential, whether for improving the ease of doing business, or for improving the ease of life,” he stressed.

The report is divided into chapters focusing on structural reforms, regulatory reforms, operational reforms, managerial reforms, and renewable energy integration. #technology #banking #investment #infrastructure #projects #energy /fiinews.com

Tags: Niti Aayog
ShareTweetShare

Related Posts

PIB
Projects

Project: Japanese delegation inspects DMIC progress

by Fiinews
July 11, 2025
0
12

Amb Ono appreciates India’s vision for semiconductors The Delhi-Mumbai Industrial Corridor (DMIC), inspired by Japan’s Tokyo–Osaka corridor, continues to benefit...

PIB
Projects

Project: Mindset change is critical for innovation

by Fiinews
July 11, 2025
0
13

Resident Indian patent filings surged by 56% Minister of State for Science & Technology Dr Jitendra Singh says a change...

Gidco Re Tender Notice

Project: 4,000% in installed solar capacity

July 11, 2025
13
PIB

Project: EV policies part of climate goals

July 11, 2025
11
Ansrsource With Tagline

Tech: ansrsource-ANSR reshape talent across India

July 11, 2025
18
Infogain

Tech: Infogain launches GCC solutions in India

July 11, 2025
18
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Project: Japanese delegation inspects DMIC progress
  • Project: Mindset change is critical for innovation
  • Project: 4,000% in installed solar capacity
  • Project: EV policies part of climate goals
  • Tech: ansrsource-ANSR reshape talent across India

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.