Discom Losses Widen: A Call for Urgent Digital Action
Power Finance Corporation’s latest report shows India’s discoms closed FY 2023–24 with rising losses. National AT&C losses went up from 15.11% to 16.12%, and collection efficiency slipped below 97% — a sign that old challenges persist despite fresh reforms.
While some states have improved, wide gaps remain across regions. These figures remind us that operational efficiency and revenue recovery need more than patchwork solutions.
Smart grids, advanced metering, and digital-first systems are the way forward. At Fluentgrid, we’re committed to helping utilities modernize their networks, protect revenues, and deliver better services to consumers.
Read More: bit.ly/40TqCrH#Fluentgrid#Discom#PowerSector#ATandCLosses#DigitalUtilities#SmartGrid#AdvancedMetering#EnergyEfficiency#RevenueRecovery#UtilityModernization#PowerDistribution#SmartUtilities#DigitalTransformation#IndiaEnergySector
Three key announcements on power sector by @FinMinIndia: privatization of #DISCOMs in UTs, smart prepaid meters & tariff policy for operational efficiencies. Private sector participation will mobilize capital for #utilitymodernization which will make our grid more secure.