Facebook Pixel Govt may raise allocation for power distribution reforms | Mint Hyderabad – newspaper – Lesen Sie diese Geschichte auf Magzter.com

Versuchen GOLD - Frei

Govt may raise allocation for power distribution reforms

Mint Hyderabad

|

January 23, 2026

Revamped Distribution Sector Scheme is likely to get ₹18,000 crore in the FY27 budget

- Rituraj Baruah

Govt may raise allocation for power distribution reforms

The government may increase the annual allocation for the Revamped Distribution Sector Scheme (RDSS) to ₹18,000 crore in the FY27 budget, scheduled to be presented on 1 February, according to two people aware of the matter.

The scheme, launched in 2021, aims to transform the power distribution sector in the country by making it more efficient and financially sustainable.

“This year, the power ministry has proposed an allocation of about ₹18,000 crore for RDSS, which is under consideration. Smart meter installation is gaining pace and about 1.5 lakh meters are installed monthly. With this momentum in place, funds need to increase,” said the first of the two persons cited earlier, both of whom spoke on the condition of anonymity.

WEITERE GESCHICHTEN VON Mint Hyderabad

Mint Hyderabad

Mint Hyderabad

MARKETS REWARD DISCIPLINE: WHY STAYING INVESTED MATTERS MORE THAN TIMING

Consistency and patience tend to deliver better outcomes than constant buying and selling driven by market sentiment.

time to read

3 mins

March 18, 2026

Mint Hyderabad

SpiceJet cites cash crunch in ₹144-crore Maran case

Budget airline SpiceJet told the Delhi High Court on Tuesday that it faces a severe liquidity crunch and is unable to deposit ₹144.5 crore as directed in its arbitration dispute with Kalanithi Maran and KAL Airways Pvt. Ltd.

time to read

1 mins

March 18, 2026

Mint Hyderabad

Mint Hyderabad

HOW CLIMATE STARTUPS ARE TURNING CARBON INTO GOLD

A few startups are helping farmers turn crop residue, rice irrigation and soil chemistry into tradable carbon credits

time to read

8 mins

March 18, 2026

Mint Hyderabad

Mint Hyderabad

L Catterton India eyes proprietary deals to boost returns

Global private equity firm L Catterton’s India pool of capital, led by former Hindustan Unilever (HUL) chief Sanjiv Mehta, is eyeing more proprietary deals in the country after deploying over $100 million across companies like Farmley, Haldiram's and Healing Hands Clinic over the last year.

time to read

2 mins

March 18, 2026

Mint Hyderabad

Mint Hyderabad

OpenAI to cut back on side projects in push to ‘nail’ core business

OpenAI’s top executives are finalizing plans for a major strategy shift to refocus the company around coding and business users, recognizing that a “do everything all at once” strategy has put them on the defensive.

time to read

3 mins

March 18, 2026

Mint Hyderabad

Mint Hyderabad

Induction cooktops: Hot trade, but cold earnings for makers

Shares of induction cooktop makers jumped after the blockade of the Strait of Hormuz disrupted liquefied petroleum gas (LPG) supplies, pushing households towards electric alternatives.

time to read

2 mins

March 18, 2026

Mint Hyderabad

Mint Hyderabad

Colby to lead visiting US team later this month

Top US defence official Elbridge Colby will visit India as the head of a delegation later this month to inject momentum into the two countries’ defence ties after months of diplomatic tensions.

time to read

1 min

March 18, 2026

Mint Hyderabad

EPFO buys bulk of SBI's bond issue

SBI raised ₹6,051 crore from ₹9,900 crore bids through 10-year bonds.

time to read

1 min

March 18, 2026

Mint Hyderabad

Mint Hyderabad

Volkswagen slow on India EV roadmap as rivals accelerate

Luxury carmaker Audi has joined Skoda and Volkswagen in signalling that their parent, the Volkswagen Group, is yet to finalise its electric vehicle (EV) strategy for India, highlighting the German automaker's cautious approach even as rivals scale up EV bets in the country.

time to read

2 mins

March 18, 2026

Mint Hyderabad

New rules for acquisition finance deepen this market

The Reserve Bank of India's (RBI) February 2026 amendments of its Credit Facilities Directions, together with the overhaul of its framework for external commercial borrowings (ECBs), has recast India's acquisition finance regime and opened a regulated channel for bank-led acquisitions.

time to read

3 mins

March 18, 2026

Listen

Translate

Share

-
+

Change font size