Dark days ahead? Delhi discoms warn of payment crisis if rates aren't hiked

[Jason bourne]

NEW DELHI: The tussle over power tariff in Delhi has escalated as distribution companies (discoms) have told the Arvind Kejriwal government that they are running out of money to pay generation and transmission companies because electricity rates in the city state are too low.

Further, banks are reluctant to lend to the financially precarious discoms in view of media reports about the Aam Aadmi Party's approach towards tariff and subsidies, distribution arms of Anil Ambani's Reliance ..

Dark days ahead? Delhi discoms warn of payment crisis if rates aren't hiked - The Economic Times

 

[Star Wars]

NEW DELHI: The tussle over power tariff in Delhi has escalated as distribution companies (discoms) have told the Arvind Kejriwal government that they are running out of money to pay generation and transmission companies because electricity rates in the city state are too low.

Further, banks are reluctant to lend to the financially precarious discoms in view of media reports about the Aam Aadmi Party's approach towards tariff and subsidies, distribution arms of Anil Ambani's Reliance ..

Dark days ahead? Delhi discoms warn of payment crisis if rates aren't hiked - The Economic Times

if rates get hiked AAP ends up looking like a total fool if they don't then Delhi goes blackout...

 

[jha]

if rates get hiked AAP ends up looking like a total fool if they don't then Delhi goes blackout...

Well... Kejriwal can always ask them to stop distributing and can ask Delhi Electricity department to do it instead. Afterall the distribution loss has already been minimized. Interesting times ahead.

 

[Nair saab]

Ye to bas Shurvaat haii beta ... Lets see how the Communist Government of Delhi faces all these...

 

[scorpionx]

With the rising price of coal,the decision to lower the tariff is a populist but not a very practical one. AK must know the days of populist politics are over.India needs a reformist administration, not a regressive one like the 80's communists.

 

[SwAggeR]

More darker it gets for Delhi brighter is the hope for India's future.

 

[Manvantaratruti]

Nothing to worry.

After all we know Arvind Kejriwal's INTENTIONS are 'good'.


They say the Path to HELL is Paved with Good Intentions ....... so now we also know which path he is walking us down to.

 

[Android]

if rates get hiked AAP ends up looking like a total fool.

if he doesn't Delhi people would end up looking fools instead

 

[Jason bourne]

this hard core steps will messed up delhi next is private school problem ..

 

[SarthakGanguly]

I am just waiting for AK and gang to stand in a line and sing the "Internationale" when the lights go out in Delhi...

if he doesn't Delhi people would end up looking fools instead

Oh no, they are fools all right. That is beyond doubt. How would a party with 8 seats still get to call shots?

 

[Pulsar]

Payment crisis? This is bullsh!t! Does anyone know what the Ambanis and other discoms are paying as salaries to their fat cat managements and employees? Runs into crores! And that excludes fully paid foreign jaunts, bonuses and what not!

There's no such thing as financial discipline where salaries and wasteful expenditure is concerned. And who pays for this profligacy? You and I !!

How about electricity theft and other distribution losses? A cool 15-20%. So, instead of the discoms bellyaching, they must get their houses in order first. Or they should just STFU!

 

[SarthakGanguly]

Payment crisis? This is bullsh!t! Does anyone know what the Ambanis and other discoms are paying as salaries to their fat cat managements and employees? Runs into crores! And that excludes fully paid foreign jaunts, bonuses and what not!

There's no such thing as financial discipline where salaries and wasteful expenditure is concerned. And who pays for this profligacy? You and I !!

How about electricity theft and other distribution losses? A cool 15-20%. So, instead of the discoms bellyaching, they must get their houses in order first. Or they should just STFU!

Or just cut the lines and listen to AK and Co singing "Internationale"
The Internationale - Wikipedia, the free encyclopedia