Employees have urged CM Yogi Adityanath to take over the department from Sharma, saying the minister had reneged on agreements with them and was pushing privatisation.
The Indian government must reform its model of state ownership of DISCOMs. A more market-driven approach will improve autonomy, and financial viability.
The road to discom privatisation has several challenges— resistance from stakeholders, political interference, and disputes over tariff structures, to name a few.
When high tariff paying customers leave, discom finances will further deteriorate. Discoms, therefore, find ways to not allow open access to keep customers captive.
In its letter to states & UTs, power ministry says large regulatory assets created by SERCs without specifying mandatory trajectory for their recovery is in contravention of law.
The tenders, floated by 4 power distribution companies in the state, are part of the Modi govt's all-India push to upgrade and improve the power distribution network in India.
RBI data shows Indian discoms owe power generation firms over Rs 4.5 lakh crore, almost a third of which is owed by Tamil Nadu, where power subsidy cost is twice that of food subsidy.
In 109 of 165 thermal power plants that are currently operational, the actual coal stock is less than 25 per cent of normative stock that they are mandated to keep.
Morbi makes 80-90% of India’s ceramic exports. The West Asia conflict has cut its propane supply, shutting 200 factories and threatening 400 more—along with 9 lakh livelihoods.
The Nirouyeh Vijeh Pasdaran Velayat, or NOPO, was the only force Ali Khamenei trusted.It was founded in 1991 and is more feared than the Revolutionary Guards.
Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.
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