The Centre’s special liquidity infusion scheme — to revive financially distressed power distribution companies (discoms) — has seen interest from Rajasthan, Andhra Pradesh, and Punjab.
The three non-BJP governed states have cumulatively sought Rs 14,664 crore from state-owned lenders Power Finance Corporation (PFC) and Rural Electrification Corporation (REC).
Last month, the Finance Minister announced a special loan scheme for discoms, in her 15-point agenda to boost the economy. The size of the scheme is pegged at Rs 90,000 crore. The loan is strictly for clearing the pending dues of discoms to power generation firms — which stood at a record Rs 1.08 trillion as of April.
