10 States given permission to borrow additional `28,204 cr for power sector reforms last fiscal

The finance ministry on Thursday said 10 states were given the permission to borrow an additional Rs 28,204 crore in FY22 for undertaking power sector reforms.

The 10 states are Andhra Pradesh, Assam, Himachal Pradesh, Manipur, Meghalaya, Odisha, Rajasthan, Sikkim, Tamil Nadu and Uttar Pradesh.

“Department of Expenditure, Ministry of Finance, has granted additional borrowing permission of Rs 28,204 crore to 10 states for undertaking the stipulated reforms in power sector in 2021-22,” it said in a statement.