The debt restructuring plan for discoms announced by the Centre last week would eventually lead to a saving of Rs 1.8 lakh crore annually.

With the debt off their book and states issuing bonds, the interest burden of discoms is expected to come down to 8-9% against 13-14% at pr...

Hit by subsidised tariffs, state electricity discoms are facing cash crunch and are incurring annual losses of about Rs 60,000-70,000 crore.

The issue of burgeoning debt of power distribution companies will be sorted out soon as everybody is on board to resolve it, Power Minister...

"Discoms are unwilling to raise tarrifs for the simple reason that politicians fear some kind of electoral repercussions if they were to do...

"Behind discoms' chronic losses is a huge degree of political connivance, corruption and theft. That is holding the country to ransom."

"The management must see to it that prudent decisions are being taken and that the AT&C losses come down. They also must make sure that pol...

The government is working on debt recast of state power distribution companies to improve the deteriorating financial health of the discoms...

Union Cabinet is likely to consider this week a proposal to recast Rs 4.3 lakh crore loans of nine state power distribution companies.

"As soon as Karnataka (government) sends us their response we will send the note to CCEA," an official in the Ministry of Power said.

The Power Ministry will soon approach the Cabinet for allowing it to incorporate certain changes in the government's debt recast plan.

In order to avail the Centre-backed FRP for debt-laden power distribution companies (discoms), states have to approach the Ministry of Powe...

As many as 10 states have come on board to avail of Centre's ambitious financial restructuring scheme for discoms, the Ministry of Power sa...

Jyotiraditya Scindia said that as many as six states have come forward for the government's ambitious financial rejig plan.

Veerappa Moily today said any issues pertaining to recent loan recast of the state distribution companies will be sorted out.

Rating agencies today welcomed the Centre's restructuring package for power discoms, saying it will increase cash flow to the ailing SEBs

Public sector Central Bank of India may go in for restructuring of some of its loans to the electricity companies in the current quarter.