India looks into privatising electricity distribution companies

ESI AFRICA | COVID-19 has negatively impacted the revenue stream of electricity distribution companies (DISCOMs) in India.

Apart from the $265 billion economic recovery stimulus package, the Indian government announced $12.5 billion bailout package for state distribution utilities to pay-off their dues to generators.

However, it will be difficult for the government to support the loss-making distribution utilities in the future due to the economic downturn.

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