In an energy-dependent country like India, the availability of energy supplies at affordable rates is pivotal for fulfilling developmental priorities. But the energy sector is beset with problems. The distribution sector has for long been the bane of the power sector, consistently making huge losses owing to problems such as expensive long-term power purchase agreements, poor infrastructure, inefficient operations, and leakages and weaknesses in State-level tariff policies. Most discoms are deep into the red as high aggregate technical and commercial (AT&C) losses are chipping into their revenues. (Read More)
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