Singapore, Feb 2 (ANI): India's proposed plan to improve operations and finances of state-owned distribution companies (discoms), the weakest link in power supply value chain, will help mitigate cash flow stress observed in rated power generation companies (gencos) over time, according to Fi
New Delhi [India], Aug 19 (ANI): The Cabinet Committee on Economic Affairs has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans to Distribution Companies (discoms) above limits of the working capital cap of 25 p
Singapore, May 19 (ANI): Stimulus measures announced by the government last week as part of a Rs 20 lakh crore economic package will help ease asset risks for the financial sector but not fully offset the negative impact from coronavirus outbreak, Moody' s Investors Service said on Tuesday.
New Delhi [India], May 16 (ANI): Power distribution companies (DISCOMS) in Union Territories will be privatised in line with the new tariff policies, Finance Minister Nirmala Sitharaman said on Saturday.
Islamabad [Pakistan], Oct 9 (ANI): A total of 879 people have died of electrocution in the vicinity of state-owned power distribution companies in the last five years in different parts of Pakistan.
New Delhi [India], Aug 9 (ANI): Raj Kumar Singh, Minister of State (MoS) Independent Charge for Ministry of Power, has asked all distribution companies (discoms) to provide unconditional Letter of Credit for power purchases.
New Delhi [India], Jan. 4 (ANI): An MOU was signed between Government of India, Telangana Government and Distribution Companies on UDAY (Ujwal Discom Assurance Yojana) on Wednesday.