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DISCOMS LIQUIDITY INFUSION
Discoms outstanding dues to gencos rise 4% to Rs 1.32 lakh crore in JuneIn June 2022, the total overdue amount, which was not cleared even after 45 days of grace period offered by generators, stood at Rs 1,15,12...- Discoms' outstanding dues to gencos rise 1.3% to Rs 1,13,227 crore in DecemberDiscoms owed total Rs 1,11,762 crore to power generation firms in December 2020, according to portal PRAAPTI (Payment Ratification And Anal...
- Discoms' outstanding dues to gencos fall 3% to Rs 78,379 cr in MarchOutstanding dues of discoms towards electricity producers have been increasing year-on-year as well as month-on-month for years showing per...
- Discoms' overdues fall to Rs 74,000 crore in March after release of second tranche of liquidity packageIn May 2020, the government announced Rs 90,000 crore liquidity infusion for discoms under which these utilities would get loans at economi...
- Discoms' outstanding dues to power gencos rise nearly 17pc to Rs 1.02 lakh cr in FebDiscoms in Rajasthan, Uttar Pradesh, Jammu & Kashmir, Telangana, Andhra Pradesh, Karnataka, Maharashtra, Jharkhand, Haryana and Tamil Nadu ...
- APP alleges TANGEDCO demanding heavy discounts from IPPs, seeks power minister's interventionEarlier in May, the government had announced Rs 90,000 crore liquidity infusion scheme for discoms to pay off power generating firms (genco...
- Discoms liquidity infusion: Tamil Nadu tops chart of states with Rs 30,000 crore sanctioned loanThe southern state is followed by Uttar Pradesh and Maharashtra, with their state discoms being sanctioned loans of Rs 20,940 crore and Rs ...
- Loans worth Rs 1.18 lakh crore sanctioned under discom liquidity package"The company and its subsidiary REC Ltd, upto October 31, 2020, has sanctioned an amount of Rs 1,18,273 crore respectively under this schem...
- Tamil Nadu gives guarantee, budgetary support for Rs 30,230 cr liquidity loansThe state has issued administrative orders for unconditional and irrevocable government guarantee and commitment letters from finance depar...
- Rs 1.08 lakh crore worth loans sanctioned under discom liquidity package"Till date, REC and PFC (Power Finance Corporation) have sanctioned Rs 1.08 lakh crore and released nearly Rs 30,000 crore to discoms under...
- PFC offers funding facility to discoms for timely payments of outstanding duesThe outstanding dues of discoms as of August stood at Rs 1.32 lakh crore compared to nearly Rs 97,000 crore in the same month last year, as...
- Tamil Nadu seeks Rs 31,000 cr under Atmanirbhar Bharat to pay power billsThe state ranks lowest in the country's discoms ratings and is among the large defaulting power consumers. It hasn't raised its tariffs in ...
- Over Rs 70K crore worth of loans sanctioned to discoms under liquidity package: GovernmentFinance Minister Nirmala Sitharaman in May this year had announced a Rs 90,000 crore liquidity infusion into cash-strapped discoms for clea...
- Discoms' liquidity package set for hike at Rs 1.2 lakh crore this monthFinance Minister Nirmala Sitharaman in May announced a Rs 90,000 crore liquidity infusion into cash-strapped discoms for payment of their d...
- Power Ministry asks plants to charge late fee at less than 12% per annum“In general, the applicable rate of Late Payment Surcharges (LPS) is quite high despite the fact that interest rates in the country have so...
- CCEA extends liquidity infusion scheme to cover discom dues till June 30Currently, banks and financial institutions can lend only 25% of a discom’s revenue in the previous year for working capital.
- Rs 68K crore of loans released under discoms liquidity packageThe loans under the package will be co-funded by PFC and REC in equal proportion. The loans would be sanctioned in two equal tranches. The ...
- PFC & REC to offer 10-year loans to state discoms at 9.5%A senior government official said that PFC and REC have fixed interest rates under the liquidity package at 8.75% for three-year loans, 9% ...
- Rs 90,000 crore scheme in offing for power companiesThe loans are sought to be made available to Power Finance Corp (PFC) and REC Ltd, the two sectoral lending institutions in Indian power se...
- Govt working on package to offer loans to state distribution companiesThe government is working on a package to offer loans to state power distribution companies to help them clear dues of electricity generati...
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