Policy & GovtPOWER

New tariff policy allows states to roll out DBT: Power Minister R. K. Singh

The government is planning big bang reforms for the power sector says power minister RK Singh in an exclusive interview with ET Now. He said the New Tariff Policy (NTP) that is under consideration now allows state governments to roll out Direct Benefit Transfer (DBT) in phases over the next five years.

The NTP aims to bring in reforms that will improve the health of discoms that are currently burdened by huge debt and unable to clear dues of power producers, he said adding that discoms will have incentives to be more efficient in the new policy.

All the reforms proposed in the policy will make tariffs more market aligned and protect the consumers, said RK Singh.

Source
Times now
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