Share on LinkedInShare on LinkedIn

ARTICLE · 02 SEPTEMBER 2021

Projects, Energy & Infrastructure Monthly Newsletter | August 2021

In exercise of powers conferred by Clause (t) of Sub-Section (1) of Section 196 read with Section 240 of the Insolvency and Bankruptcy Code, 2016 (IBC), the Insolvency and Bankruptcy Board of India...

IndiaGovernment, Public Sector

LEGAL & POLICY UPDATES

MoP issues Revamped Distribution Sector Scheme

  • Ministry of Power (MoP) on July 22, 2021, has notified the Revamped Distribution Sector Scheme, a result based scheme with the objective of improving the quality and reliability of power supply to consumers through a financially sustainable and operationally efficient sector (Scheme). The scheme has an outlay of INR 3,03,758 crore with a gross budgetary support of INR 97,631 crore from the Government of India. The Scheme seeks to improve the operational efficiencies and financial sustainability of all distribution companies (DISCOMs)/Power Departments, excluding private sector distribution companies, by providing conditional financial assistance to DISCOMs for strengthening of supply infrastructure. The assistance will be based on meeting pre-qualifying criteria as well as upon achievement of basic minimum benchmarks by the DISCOM evaluated on the basis of agreed evaluation framework tied

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from