Diabytes
Distribution companies News
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Union Power Minister Piyush Goyal on Sunday said that distribution companies (discoms) in BJP-ruled states like Rajasthan and Uttar Pradesh are likely to become profitable by next year.
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Terming the new restructuring package offered to state discoms as a positive, Fitch today said states opting for the package and delivering on loss reductions over the medium-term is essential for the success of the programme.
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The government will retain a 70 percent stake and NTPC remains of strategic importance.
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