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Piyush Goyal vows to make discom stress a 'thing of past'

Goyal had earlier said the Centre cannot be considered as a bailout bank for helping debt-ridden power distribution companies, and states will have to find a way out of the crisis. The combined debt of power distribution companies (discoms) stands at over Rs 3 lakh crore.
Govt not a bailout bank, Power Minister tells states

The combined debt of power distribution companies (discoms) stands at over Rs 3 lakh crore. Faced with acute financial stress, many of these are unable to buy power.

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Bailout Bank

Piyush Goyal vows to make discom stress a 'thing of past'

Govt not a bailout bank, Power Minister tells states