On the request of states, the quantum of loan amount for state-run power distribution companies (discoms) offered by the centre may be increased to Rs 1.25 lakh crore from the Rs 90,000 crore designated earlier, union power minister RK Singh has said.
The centre had announced the liquidity infusion scheme under the Atmanirbhar package for discoms to clear their dues (of upto March 2020) to the private and central government-owned power generating companies, but several states, citing the discoms’ additional stress due to the coronavirus lockdown, wanted the loan to take care of their outstanding till June 2020, the minister added. Over Rs 35,000 crore of loans from the scheme have already been approved as of August 2020.
