Friday, May 15, 2020

Power Ministry to ask CPSEs to give 25% rebate on power bills to discoms

The order, likely to dent the CPSUs revenues severely, is likely to be issued by the power ministry anytime after market closing hours on Friday. There has been a lot of ambiguity on the issue ever since an announcement was made by the finance minister Nirmala Sitharaman on Wednesday regarding CPSUs offering rebate to discoms alongside the Rs 90000 crore scheme.

from Energy-Industry-Economic Times https://ift.tt/35ZgZKz

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