{"id":352531,"date":"2020-05-21T12:58:53","date_gmt":"2020-05-21T07:28:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=352531"},"modified":"2020-05-21T12:58:53","modified_gmt":"2020-05-21T07:28:53","slug":"pfc-rec-to-clear-genco-dues-directly-from-discom-loans","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pfc-rec-to-clear-genco-dues-directly-from-discom-loans\/","title":{"rendered":"PFC-REC to clear genco dues directly from discom loans"},"content":{"rendered":"<p>Power sector lenders PFC and REC will use the Rs 90,000-crore loan amount allotted to state-run power distribution companies (discoms) to directly pay power generators (gencos) which owe money from these entities.<\/p>\n<p>\u201cThe payment shall be released directly to CPSU gencos \/RE rencos\/IPPs\/ CPSU transcos based on authorisation of discoms in this regard,\u201d policy notes separately released by the lenders explaining the disbursal mechanism of the \u2018special long-term transition loan to discoms for COVID 19\u2019 said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Power sector lenders PFC and REC will use the Rs 90,000-crore loan amount allotted to state-run power distribution companies (discoms) to directly pay power generators (gencos) which owe money from these entities. \u201cThe payment shall be released directly to CPSU gencos \/RE rencos\/IPPs\/ CPSU transcos based on authorisation of discoms in this regard,\u201d policy notes separately released by the lenders explaining the disbursal mechanism of the \u2018special long-term transition loan to discoms for COVID 19\u2019 said.<\/p>\n","protected":false},"author":39,"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-352531","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\/352531","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=352531"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/352531\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=352531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=352531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=352531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}