NTPC Ltd, it is widely reported, is keen to buy out the full 51 per cent stake held by Reliance Infrastructure Ltd (Anil Dhirubhai Ambani Group) in two power distribution companies serving Delhi.
The industry has welcomed the stimulus package announced for power distribution companies. This is part of the Rs.20 trillion special economic package announced by the Prime Minister on May 12, 2020. This package, aimed at alleviating the economic stress caused by the COVID-19 crisis, is a combination of monetary and fiscal measures.
Energy Efficiency Services Ltd (EESL) has enabled electricity distribution companies (discoms) to achieve around 95 per cent billing efficiency by using smart meters amid this lockdown, a release from EESL said. smart meters also helped realize a 15-20 per cent average increase in monthly revenue per consumer.