UP govt takes over ₹39,990 cr DISCOM debt
The Uttar Pradesh government on Saturday signed an agreement with the Union Ministry to take over 75% of loan liabilities of five state-owned power distribution companies (DISCOMs) in the state, amounting to around ₹39,990 crore. Power utilities in Uttar Pradesh have the third-highest debt in the country behind those in Rajasthan and Tamil Nadu. 