Shri Manohar Lal, Minister of Power, inaugurated the Electricity Distribution Industry Conference (EDICON) 2026 in New Delhi, emphasizing the urgent need for financially strong and efficient DISCOMs. Addressing industry leaders, regulators, and stakeholders, he highlighted that a thriving power sector is essential to support India’s growing economy. The two-day conference,…
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Minister: Power Distribution Firms Back in Profit After Years
India’s power distribution sector has recorded a landmark financial turnaround, with distribution utilities collectively posting a positive Profit After Tax (PAT) of ₹2,701 crore in the financial year 2024–25. This marks the first time in several years that power distribution companies, commonly known as DISCOMs, have moved out of sustained…