Why most discoms are yet to get state govt nod for PFC-REC loans
Most of the state-run power distribution companies (discoms) that have evinced interest in the PFC-REC loan facility are yet to receive the final approval from the respective state governments to file requests for loans.
As on June 24, the Centre had received from discoms preliminary letters of interest for an aggregate amount of Rs 91,699-crore loans, but final applications, supported by state governments, were for only Rs 18,491 crore, and these belonged to just six states, according to official sources.
