The external debts of Indian state - owned electricity distribution companies ( utilities ) are expected to rise to $ 37bn by 2020 , according to a report by Crisil , The credit ratings agency analysed discoms in 15 states , which made up 85 % of the total losses . The debt had fallen after the government intrduced the National Discom Assurance Yojana , aimed at stabilising the companies , however it is now expected to rise once again . The discoms are facing pressure to become more commercially viable as states have insufficient resources to manage them . With most states having limited fiscal headroom, continuous financial support to their discoms may be difficult, which forces these discoms to become commercially viable through prudent tariff hikes and a significant reduction in technical and commercial (AT&C) losses. Nine states have already passed the Fiscal Responsibility and Budget Management Act .
The external debts of Indian state - owned electricity distribution companies ( utilities ) are expected to rise to $ 37bn by 2020 , according to a report by Crisil , The credit ratings agency analysed discoms in 15 states , which made up 85 % of the total losses . The debt had fallen after the government intrduced the National Discom Assurance Yojana , aimed at stabilising the companies , however it is now expected to rise once again . The discoms are facing pressure to become more commercially viable as states have insufficient resources to manage them . Nine states have already passed the Fiscal Responsibility and Budget Management Act .