Himachal Pradesh Chief Minister Jai Ram Thakur on Friday urged the Centre to lower the interest rates on loans being provided to the state through Rural Electrification Corporation (REC) or Power Finance Corporation (PFC). Addressing a conference of power ministers of the states through video conference, Thakur also urged the Union minister of state for power RK Singh to provide a loan worth Rs 540 crore to Himachal Pradesh State Electricity Board through PFC/REC for clearing its liabilities for March and April.
Expressing gratitude to the Union Minister of State for Power for taking into consideration the liquidity problem of DISCOMs and making a decision of infuse liquidity worth Rs 90,000 crore, Chief Minister said that under this, DISCOMs would be eligible for financial assistance for liabilities of GENCOs and TRANSCOs till 31st March, 2020.
