Power minister aims to clear legacy dues, criticises politicization of electricity
Criticism of the politicisation of electricity in India, particularly through populist measures such as free power, has been raised by Union Minister for Power and Renewable Energy, RK Singh.Speaking at a conference of the Confederation of Indian Industry (CII), Singh highlighted the government's aim to eliminate all legacy dues owed by distribution companies (discoms) to generating companies (gencos) within the next 8-9 months.Singh emphasised that the government has taken steps to ensure the viability of power utilities by implementing reforms related to payment discipline. This includes addressing both current and legacy dues.The minister stated that legacy dues have been reduced to nearly 50% of their previous amount and the government .....