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Daily News Wrap-Up: New Measures for Subsidy Accounting and Billing for DISCOMs

Jodhpur DISCOM tenders 105 MW of solar projects under KUSUM

August 2, 2023

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In a bid to improve the financial stability of the state distribution companies (DISCOMs) and establish a sustainable framework for the power sector, the Ministry of Power has amended the Electricity Rules 2005, introducing measures to streamline accounting, reporting, billing, and subsidy payment by states to the DISCOMs. The Ministry of Power had proposed draft provisions in the Electricity (Amendment) Rules, 2023, in April this year, requesting stakeholders to submit their comments and suggestions by May 11, 2023.

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