India


Power DISCOMs turn profitable with Rs 2,701 crore PAT in FY25

New Delhi, Jan 18 (UNI) India’s power distribution utilities, including DISCOMs and state power departments, have collectively posted a positive Profit After Tax (PAT) of Rs 2,701 crore in FY 2024-25, marking a major turnaround for a sector that has remained loss-making for years after the unbundling and corporatisation of State Electricity Boards.
The return to profitability in FY 2024-25 contrasts sharply with a PAT loss of Rs 25,553 crore in FY 2023-24 and a much larger loss of Rs 67,962 crore in FY 2013-14, underlining the scale of the improvement achieved over the past decade.
Union Minister of Power Manohar Lal said the development marked “a new chapter” for the distribution sector and was the outcome of sustained reforms undertaken to address long-standing structural and financial challenges faced by DISCOMs.
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Centre to issue Rs 100 commemorative coin marking 1,000 years of Modhera Sun Temple

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