Hence the recapitalization.
If it comes first.... Key KPIs would be that DisCos now upgrade and expand their infrastructure.
This will definitely have a cascading effect in their ability to accept and distribute more power hence more revenue.
Customers would on the interim experience less outages caused by localized faults, stop being extorted for payments for meters, poles, transformers and all what-not.
Cost reflective tariffs are essential to attracting investors into the sector. However, stakeholders should be held accountable if after restructuring and post-tariff increments, they are still unable to provide the needed power