Power Package to Discoms

“As against Rs 90,000 crore of liquidity infusion package announced by the government, Rs 70,590 crore worth of loans have been sanctioned and Rs 24,742 crore has already been disbursed / released till September 16, 2020,” said power minister RK Singh in a written reply in the Rajya Sabha.

Finance minister Nirmala Sitharaman in May 2020 had announced a Rs 90,000 crore liquidity infusion into cash-strapped discoms for clearing their outstanding dues till March 2020.

Now, the government is in the process of enhancing this package to Rs 1.2 lakh crore factoring in discoms outstanding dues till June 2020.

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