Revamped Power Distribution Reform Scheme: Key Highlights By ICICI Securities
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ICICI Securities Report
The government has released the draft guidelines of the ‘Revamped, Reforms-Based and Results-Linked Distribution Sector Scheme’ for supporting discoms to undertake reforms and improve performance in a time-bound manner, as announced during the recent Budget.
It is aimed at providing 24x7 uninterrupted, quality, reliable and affordable power supply and seeks to improve discoms’ operational efficiencies and financial sustainability.
Total outlay for the scheme is estimated at Rs 3,038 billion over FY22-FY26.
The scheme is positive for all players across the power sector value chain. We believe this is a precursor to ‘perform or perish’ for inefficient discoms.
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