DISCOMs buy electricity from power-producing firms. Power Purchase Agreements are used to make these acquisitions (PPAs). The financial status of the country’s DISCOMs has lately deteriorated. A detailed examination of these firms revealed that they are deeply in debt. Despite the fact that the bulk of these businesses are run by state and federal governments, officials have been unable to resolve the situation. A thorough investigation of the operation of DISCOMs indicated that the reason for such high losses was these firms were unable to match power cost prices with their sale prices.… Read more