India, March 26 -- India's power distribution companies (discoms) remain trapped in a cycle of mounting losses. Can the government's latest 'Reforms-Linked, Result-Based Scheme for Distribution' (RLRBSD) aims to curb inefficiencies and improve their financial health

The power distribution companies (discoms) stand at the core of the power supply and distribution network in the country. Mostly owned and controlled by State Governments, they buy electricity from the generating companies (gencos) and supply it to the consumers. Yet, invariably, the financial health of discoms has been a matter of serious concern.

According to a report by the Lok Sabha's Standing Committee, the accumulated losses of discoms increased from Rs 545,000 Crores ...