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Utilities with energy accounting will only receive subsidy benefit

Government has put stringent norms on disbursal of subsidy to utilities. Government has prudently asked PFC and REC to revise their norms for granting of subsidy and include clause of maintaining a precise energy accounting. Which applies that Discoms that lack proper energy accounting system and do not receive regular subsidy payments from states are likely not to qualify for loans from power sector financier. To qualify for subsidy discoms have to implement metres to provide accurate details of energy supplied to consumers would be required to maintain precise energy accounting with updated monthly reports showing accurate details on metering and commercial losses to avail loans. It is poised to increase revenue collection and improve performance, thus reducing debt in long-term run.