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Discoms losses at all-India level saw decline in FY24

The Morning Standard

|

May 29, 2025

DISCOMS losses at the all-India level witnessed a decline in FY24 compared to FY23, led by higher tariffs and subsidy grants from state governments, according to a report by ICRA.

- ENS ECONOMIC BUREAU @ New Delhi

The report also noted that the gap between the cost of supply and tariff realisation persists across most states.

Moreover, the gross debt for state-owned Discoms saw a sharp increase to ₹7.4 trillion as of March 2024 from ₹6.6 trillion in March 2023, driven by debt availed to clear past dues to generators and to fund working capital and capex amid continued losses.

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