In May 2020, the government announced Rs 90,000 crore liquidity infusion for discoms under which these utilities would get loans at economi...

Discoms in Rajasthan, Uttar Pradesh, Jammu & Kashmir, Telangana, Andhra Pradesh, Karnataka, Maharashtra, Jharkhand, Haryana and Tamil Nadu ...

Earlier in May, the government had announced Rs 90,000 crore liquidity infusion scheme for discoms to pay off power generating firms (genco...

The southern state is followed by Uttar Pradesh and Maharashtra, with their state discoms being sanctioned loans of Rs 20,940 crore and Rs ...

"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...

The state has issued administrative orders for unconditional and irrevocable government guarantee and commitment letters from finance depar...

"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...

The 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...

The state ranks lowest in the country's discoms ratings and is among the large defaulting power consumers. It hasn't raised its tariffs in ...

Finance Minister Nirmala Sitharaman in May this year had announced a Rs 90,000 crore liquidity infusion into cash-strapped discoms for clea...

Finance Minister Nirmala Sitharaman in May announced a Rs 90,000 crore liquidity infusion into cash-strapped discoms for payment of their d...

“In general, the applicable rate of Late Payment Surcharges (LPS) is quite high despite the fact that interest rates in the country have so...

Currently, banks and financial institutions can lend only 25% of a discom’s revenue in the previous year for working capital.

The 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 ...

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% ...

The loans are sought to be made available to Power Finance Corp (PFC) and REC Ltd, the two sectoral lending institutions in Indian power se...

The government is working on a package to offer loans to state power distribution companies to help them clear dues of electricity generati...