Implementation of Electricity Rules Leads to Reduction in DISCOMs’ Outstanding Dues: RK Singh – Asia Pacific

Implementation of Electricity Rules Leads to Reduction in DISCOMs’ Outstanding Dues: RK Singh – Asia Pacific
Implementation of Electricity Rules Leads to Reduction in DISCOMs’ Outstanding Dues: RK Singh – Asia Pacific

The Union Minister for Power and New & Renewable Energy R.K. Singh has highlighted the positive impact of the implementation of the Electricity (LPS and Related Matters) Rules, 2022, on the financial health of distribution companies (DISCOMs). The rules have played a crucial role in reducing outstanding dues owed by DISCOMs to Generation Companies (GENCOs), thereby alleviating financial distress in the power sector.The minister stated that before the implementation of the rules, the total…
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