{"id":351471,"date":"2020-05-15T12:29:11","date_gmt":"2020-05-15T06:59:11","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=351471"},"modified":"2020-05-15T13:05:38","modified_gmt":"2020-05-15T07:35:38","slug":"pfc-rec-loans-can-be-recalled-if-discoms-dont-shape-up-power-minister-rk-singh","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pfc-rec-loans-can-be-recalled-if-discoms-dont-shape-up-power-minister-rk-singh\/","title":{"rendered":"PFC-REC loans can be recalled if discoms don\u2019t shape up: Power Minister RK Singh"},"content":{"rendered":"<p>Non-compliant state-run electricity distribution companies (discoms) run the risk of losing their share of the Rs 90,000 crore loan that the government announced on Wednesday to inject liquidity into the segment. If discoms do not take appropriate steps to reduce their losses, they would be denied the facility, Union power minister RK Singh said on Thursday.<\/p>\n<p>The loans from sector-specific lenders REC and PFC will be made available \u201conly if the discom concerned draws up a loss-reduction trajectory and gets it approved by the state government,\u201d Singh said, adding that \u201cif those steps are not complied with, the state-run lenders would have the freedom to recall the loans\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Non-compliant state-run electricity distribution companies (discoms) run the risk of losing their share of the Rs 90,000 crore loan that the government announced on Wednesday to inject liquidity into the segment. If discoms do not take appropriate steps to reduce their losses, they would be denied the facility, Union power minister RK Singh said on Thursday. The loans from sector-specific lenders REC and PFC will be made available \u201conly if the discom concerned draws up a loss-reduction trajectory and gets it approved by the state government,\u201d Singh said, adding that \u201cif those steps are not complied with, the state-run lenders [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-351471","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/351471","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=351471"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/351471\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=351471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=351471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=351471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}