Operating losses of state discoms to remain high this fiscal despite a 15-20% dip, dependence on govt support to continue

Operating losses of 30 state power distribution companies (discoms) is expected to remain sizeable at 40-45 paise per unit this fiscal despite a 15-20 per cent reduction on-year, stated a report by CRISIL Ratings. Operating losses is denoted by the gap between average cost of supply (ACS) and average revenue realised (ARR) per unit of... Read More