PFC, REC disburse Rs 23,500 crore to state discoms under liquidity infusion scheme
The Power Finance Corporation (PFC) and REC have disbursed around Rs 23,500 crore to state power distribution companies (discoms) as a part of their first tranche payment under the liquidity infusion scheme announced by the Central government in May.
PFA and REC had sanctioned Rs 45,000 crore under the first of the scheme, from which Uttar Pradesh has received the highest disbursal of around Rs 10,500 crore followed by Telangana (Rs 6,300 crore), Andhra Pradesh (Rs 3,300 crore), Rajasthan (Rs 2,030 crore), Punjab (Rs 1,000 crore), West Bengal (Rs 450 crore), and Manipur (Rs 55 crore), according to the company sources.
