{"id":362776,"date":"2020-07-15T10:11:56","date_gmt":"2020-07-15T04:41:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=362776"},"modified":"2020-07-15T10:21:35","modified_gmt":"2020-07-15T04:51:35","slug":"up-asks-for-rs-20940-cr-loan-to-help-discoms-more-states-in-queue","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/up-asks-for-rs-20940-cr-loan-to-help-discoms-more-states-in-queue\/","title":{"rendered":"UP asks for Rs 20,940 cr loan to help discoms, more states in queue"},"content":{"rendered":"<p>The Uttar Pradesh government has requested the Power Finance Corporation (PFC) and the Rural Electrification Corporation (REC) for Rs 20,940-crore loan to help its power distribution companies (discoms), seeking a sizeable chunk of the Centre\u2019s bailout package. <\/p>\n<p>The total indicative amount from states for loans under the Atmanirbhar scheme has reached Rs 98,066 crore. <\/p>\n<p>Under the scheme, Union government-owned power sector lenders PFC and REC will give equal loan amounts to states that commit to follow a reforms path indicated by lenders. The money is to be used for paying off dues of power generating companies (gencos). <\/p>\n<p>A senior official said the formal loan applications from all states now totals Rs 87,320 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Uttar Pradesh government has requested the Power Finance Corporation (PFC) and the Rural Electrification Corporation (REC) for Rs 20,940-crore loan to help its power distribution companies (discoms), seeking a sizeable chunk of the Centre\u2019s bailout package. The total indicative amount from states for loans under the Atmanirbhar scheme has reached Rs 98,066 crore. Under the scheme, Union government-owned power sector lenders PFC and REC will give equal loan amounts to states that commit to follow a reforms path indicated by lenders. The money is to be used for paying off dues of power generating companies (gencos). A senior official [&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-362776","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\/362776","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=362776"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/362776\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=362776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=362776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=362776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}