All the state governments have agreed to adopt the Rs 3-lakh-crore revival scheme for power distribution entities, Union power minister RK Singh said on Thursday. Though the states were given a deadline of December 31 to apply for the Centre’s assistance under the scheme, Singh said that most states would submit applications by October-end itself.
As per the design of the scheme, loss-making discoms will have access to the Centre’s funds only after preparing a convincing programme for loss reduction, which has to be approved by the respective state governments.
