The government has announced a fresh loan of Rs 90,000 crore through PFC-REC to salvage the state-run power distribution companies (discom), which, in turn, also reduces receivables of electricity generation companies. The loans to be given against state guarantees for exclusive purpose of discharging liabilities of discoms to power generators, the government said.
Also, central government-owned power producing companies such as NTPC will give rebate to discoms, which the latter will pass on to its industrial consumers.
