New Delhi: The government may increase the annual allocation for the Revamped Distribution Sector Scheme (RDSS) to ₹₹18,000 crore in the FY27 budget, scheduled to be presented on 1 February, according to two people aware of the matter. The scheme, launched in 2021, aims to transform the power distribution sector in the country by making…
New Delhi: The government may increase the annual allocation for the Revamped Distribution Sector Scheme (RDSS) to ₹₹18,000 crore in the FY27 budget, scheduled to be presented on 1 February, according to two people aware of the matter. The scheme, launched in 2021, aims to transform the power distribution sector in the country by making…
New Delhi: The government is set to introduce an amendment bill in the upcoming budget session of Parliament to further open the power distribution sector, enforce financial discipline, and reduce the subsidy burden on states, Union power minister Manohar Lal said on Monday. In the draft bill to amend the Electricity Act, 2003, released in…
At the heart of the Bill is a shift away from the monopoly-based distribution model towards regulated competition. The framework would allow multiple licenses to operate in the same geography using shared network infrastructure, with the aim of improving efficiency, financial sustainability and consumer choice. The reform push comes against the backdrop of persistent stress…
