News

Power Utility

Staff Reporter

, India

Published:

2 years ago

New measure to improve power supply reliability in India

This includes the Reforms-based and Results-linked Revamped Distribution Sector Scheme.

The government of India launched the Reforms-based and Results-linked Revamped Distribution Sector Scheme, which intends to improve the quality and reliability of power supply.

The scheme provides an outlay of INR3.037t and an estimated INR976.3b GBS from the Central Government.

The government also put in place several interventions to improve the financial and operational efficiencies of distribution companies (DISCOMS) in India.

This includes the Liquidity Infusion Scheme (LIS), and additional borrowing of 0.5% of GSDP to states linked to power sector reforms.

The government also introduced additional prudential norms for lending by Power Finance Corporation Limited and REC Limited based on the performance of utilities.

Follow the link for more news on

India's Ministry of New and Renewable Energy

India energy consumption

Also Read

Cambodia urged to rethink its costly LNG ambitions

JERA, bp form offshore wind joint venture

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

Costly modules drag India's solar deployment

This has led to a shortfall in the rollout.

3 days ago

Global solar and wind energy capacity to reach new record in 2025

They will be critical in energising emerging sectors such as data centres.

3 days ago

India's offshore wind faces 12-year wait for grid parity

The VGF scheme may not be enough to fill the gap.

3 days ago

India’s VGF scheme enough to fund Indian BESS deployment

The country was urged to accelerate the distribution of funding available.

Lending & Credit

3 days ago

Exclusives

Cambodia urged to rethink its costly LNG ambitions

It should learn from peers who struggle to fuse the costly fuel into their energy systems.

Power Utility

4 days ago

Trump 2.0 could thump India's solar ambition

Its solar companies may need to set up manufacturing plants in the US to bypass tariffs.

4 days ago

Oracle Power in talks for $1.4b financing of hybrid RE plant in Pakistan

The 1.3 GW wind and solar plant may start supplying power to 1.2 million houses by 2028.

Project

Clean power must meet Asian demand amidst fading coal investment

Weaning the region off coal is a challenge, with rising electricity requirements.

Lending & Credit

Event News

Co-Written / Partner Sarawak Energy recognised with five honours at the Asian Power Awards 2024

Malaysia’s largest renewable energy developer received recognition for its digital transformation in power generation and advancements in sustainable hydropower development.