{"id":353384,"date":"2020-05-27T09:46:57","date_gmt":"2020-05-27T04:16:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=353384"},"modified":"2020-05-27T09:51:44","modified_gmt":"2020-05-27T04:21:44","slug":"rs-90k-cr-package-to-provide-only-temporary-relief-to-discoms-ind-ra","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rs-90k-cr-package-to-provide-only-temporary-relief-to-discoms-ind-ra\/","title":{"rendered":"Rs 90K cr package to provide only temporary relief to discoms: Ind-Ra"},"content":{"rendered":"<p>The government&#8217;s Rs 90,000 crore package will give provide temporary relief to power distribution companies and not long-term stability, said India Ratings and Research (Ind-Ra) on Tuesday.<\/p>\n<p>Finance Nirmala Sitharaman earlier this month announced Rs 90,000 crore liquidity infusion for discoms, saying that they owe Rs 94,000 crore to power generation companies.<\/p>\n<p>&#8220;India Ratings and Research (Ind-Ra) believes that the bailout package of Rs 900 billion would only provide temporary relief to power distribution companies (discoms),&#8221; Ind-Ra said in a statement.<\/p>\n<p>The loans will be provided to discoms against guarantees by state governments and will be used to clear their liabilities towards central public sector enterprise generating and transmission companies (gencos\/transcos), independent power producers and renewable energy gencos.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government&#8217;s Rs 90,000 crore package will give provide temporary relief to power distribution companies and not long-term stability, said India Ratings and Research (Ind-Ra) on Tuesday. Finance Nirmala Sitharaman earlier this month announced Rs 90,000 crore liquidity infusion for discoms, saying that they owe Rs 94,000 crore to power generation companies. &#8220;India Ratings and Research (Ind-Ra) believes that the bailout package of Rs 900 billion would only provide temporary relief to power distribution companies (discoms),&#8221; Ind-Ra said in a statement. The loans will be provided to discoms against guarantees by state governments and will be used to clear their [&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":[135,130,232],"tags":[],"class_list":["post-353384","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/353384","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=353384"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/353384\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=353384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=353384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=353384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}