What does DISCOM mean in GENERAL
A DISTRIBUTION COMPANY (DISCOM) is a company responsible for distributing electrical energy from the source to the consumers. DISCOMs are governed by the Electricity Act 2003 and are regulated by the concerned state electricity regulatory commission (SERC). These companies purchase power from generating companies, transmit it through transmission lines and then distribute it to the consumers in their service area.
DISCOM meaning in General in Business
DISCOM mostly used in an acronym General in Category Business that means Distribution Company (In India)
Shorthand: DISCOM,
Full Form: Distribution Company (In India)
For more information of "Distribution Company (In India)", see the section below.
Essential Questions and Answers on Distribution Company (In India) in "BUSINESS»GENERALBUS"
What is a Distribution Company?
A Distribution Company (DISCOM) is a company responsible for distributing electrical energy from the source to the consumers.
How are DISCOMs regulated?
DISCOMs are regulated by the concerned state electricity regulatory commission (SERC).
What does a DISCOM do?
A DISCOM purchases power from generating companies, transmits it through transmission lines and then distributes it to the consumers in its service area.
How are distribution rates decided?
Distribution rates are determined by each state's SERC based on factors such as fuel costs, transmission and distribution costs, taxes, etc.
What is the purpose of a DISCOM?
The purpose of a DISCOM is to ensure that electrical energy is provided efficiently and reliably to all consumers in its service area.
Final Words:
As an essential part of India's power sector infrastructure, Distribution Companies play an important role in delivering reliable electricity access while supporting efforts towards India's 24x7 power-for-all initiative.