Government notifies scheme for financial restructuring of Discoms
The government has notified a scheme for financial restructuring of State Owned Distribution Companies (Discoms). The scheme contains various measures required to be taken by State Discoms and State Governments for achieving the financial turnaround of the Discoms by restructuring their debt with support through a Transitional Finance Mechanism by Central Govt. The scheme will remain open up to 31st December unless extended by the GOI. Support under the scheme will be available for all participating State owned Discoms having accumulated losses and facing difficulty in financing operational losses.
 

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Government notifies scheme for financial restructuring of Discoms
The government has notified a scheme for financial restructuring of State Owned Distribution Companies (Discoms). The scheme contains various measures required to be taken by State Discoms and State Governments for achieving the financial turnaround of the Discoms by restructuring their debt with support through a Transitional Finance Mechanism by Central Govt. The scheme will remain open up to 31st December unless extended by the GOI. Support under the scheme will be available for all participating State owned Discoms having accumulated losses and facing difficulty in financing operational losses.
 

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