In recent years, the health profile of children has been changing in ways that were once considered unlikely. The modern lifestyle patterns children currently follow have led to earlier diagnoses of conditions previously associated with adult patients
Travel experience is set for a revolution as Uber, one of the leading quick commerce travel platforms, will no longer be confined to just land-based mobility. In an effort to expand its wings in the quick commerce and travel market, Uber will be launching special Uber Air Taxis soon
SSC CHSL 2025 Tier 1 Result Out: The Staff Selection Commission has announced the results of the SSC CHSL 2025 Tier 1 exam. Along with the results, the list of candidates eligible to appear in the next stage, Tier 2, has been released at ssc.gov.in
India is closely watching rising tensions between Pakistan and Afghanistan after cross-border strikes pushed the neighbours toward possible escalation. The crisis comes as New Delhi deepens ties with the Taliban through aid, development and investment outreach
India's women's cricket team faces a dominant Australia in the third ODI. Struggling with batting, India aims to salvage pride. Australia has won the first two matches comfortably. India needs a strong batting performance to prevent a series whitewash
India’s Power DISCOMs Report First Profit In Over A Decade, Post Rs 2,701 Cr PAT In FY25
India’s Power DISCOMs Report First Profit In Over A Decade, Post Rs 2,701 Cr PAT In FY25
India's power distribution utilities (DISCOMs and power departments) have collectively recorded a positive Profit After Tax (PAT) of Rs 2,701 crore in year FY 2024-25, the first in over a decade.
Manohar Lal, Union Minister of Power said that this marks a new chapter for the distribution sector and is a result of several steps that have been taken to redress the concerns of the distribution sector.
The distribution utilities as a whole reported a positive PAT of Rs 2,701 crore in FY 2024-25 compared to a loss of Rs 25,553 crore in FY 2023-24 and a loss of Rs 67,962 crore in FY 2013-14. It comes after the distribution utilities as a whole have been reporting PAT losses for past several years since the unbundling and corporatization of State Electricity Boards.
The government's initiatives, including Revamped Distribution Sector Scheme (RDSS), Amendments to Electricity Rules, Late Payment Surcharge Rules, and Electricity Distribution (Accounts and Additional Disclosure) Rules, 2025, have played a pivotal role in transforming distribution utilities from loss-making to profitable ones.
The result of these reforms is evident not just in the positive PAT posted by the Distribution Utilities after so many years, but also in other performance indicators.
The Aggregate Technical & Commercial (AT&C) losses have reduced over the years, from 22.62% in FY 2013-14 to 15.04% in FY 2024-25.
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Further, signalling much improved cost recovery, the Average Cost of Supply–Average Revenue Realized (ACS–ARR) gap has narrowed from Rs 0.78/kWh in FY 2013-14 to Rs 0.06/kWh in FY 2024-25.
Reforms such as the Electricity (Late Payment Surcharge) Rules have led to a 96% reduction in outstanding dues to generating companies—from Rs 1,39,947 crore in 2022 to just Rs 4,927 crore by January 2026—while bringing down Distribution utility payment cycles from 178 days in FY 2020-21 to 113 days in FY 2024-25.
Source: News18
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