Government working to improve DISCOMs

India’s Prime Minister Narendra Modi has stated that a regulatory and policy framework for electricity distribution companies (DISCOMs) is likely to be in action soon. It is an effort of the Central government to enhance the performance of the distribution segment of the power sector. According to the PM, consumers should be able to choose the power distributor based on performance, just like any other retail commodity.
In the last six years, the renewable energy capacity of India has increased by two and half times while solar energy capacity has increased by 15 times. He added, “This year’s budget has shown unprecedented commitment towards investment in infrastructure. This is evident in Mission Hydrogen, domestic manufacturing of solar cells, and massive capital infusion in the renewable energy sector.”