Discoms’ liquidity package set for hike at ₹1.2 lakh cr this month
New Delhi: The ₹90,000-crore liquidity package for discoms to help them pay their dues till the month of March would soon be enhanced to ₹1.2 lakh crore factoring in these utilities’ outstanding till June, said a senior official.
Finance Minister Nirmala Sitharaman in May announced a ₹90,000 crore liquidity infusion into cash-strapped discoms for payment of their dues till March 2020. Discoms have been facing demand slump due to the lockdown to contain COVID-19.
Participating in a webinar on ‘Innovation in Renewable Energy’ organised by PHDCCI, Power Secretary S N Sahai said the liquidity package would cover the outstanding dues of discoms for the months from April to June also and it would be enhanced to ₹1.2 lakh crore.
