{"id":368016,"date":"2020-08-17T10:11:52","date_gmt":"2020-08-17T04:41:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=368016"},"modified":"2020-08-17T10:54:57","modified_gmt":"2020-08-17T05:24:57","slug":"over-rs-1300-cr-loan-approved-for-meghalaya-energy-corp-ltd-to-clear-dues","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/over-rs-1300-cr-loan-approved-for-meghalaya-energy-corp-ltd-to-clear-dues\/","title":{"rendered":"Over Rs 1,300 cr loan approved for Meghalaya Energy Corp Ltd to clear dues"},"content":{"rendered":"<p>The Meghalaya Cabinet on Friday approved a proposal for Meghalaya Energy Corporation Ltd (MeECL) to avail a loan of up to Rs 1,345.72 crore towards clearing dues. <\/p>\n<p>The cabinet, however, set a few conditions for the approval, including bringing down the aggregate technical and commercial (AT&amp;C) losses.<\/p>\n<p>The Meghalaya Power Distribution Corporation Ltd (MePDCL) has &#8220;a huge outstanding&#8221; towards central power generating stations and the Power Grid Corporation of India Ltd (PGCIL), Power Minister James K Sangma said.<\/p>\n<p>&#8220;The cabinet has approved the proposal to allow MePDCL to avail the assistance restricted to Rs 1,345.72 crore under the Aatma Nirbhar Bharat Abhiyaan (ANBA),&#8221; he said. <\/p>\n<p>MePDCL has seen poor revenue collections due to the Covid-19 pandemic, the minister said<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Meghalaya Cabinet on Friday approved a proposal for Meghalaya Energy Corporation Ltd (MeECL) to avail a loan of up to Rs 1,345.72 crore towards clearing dues. The cabinet, however, set a few conditions for the approval, including bringing down the aggregate technical and commercial (AT&amp;C) losses. The Meghalaya Power Distribution Corporation Ltd (MePDCL) has &#8220;a huge outstanding&#8221; towards central power generating stations and the Power Grid Corporation of India Ltd (PGCIL), Power Minister James K Sangma said. &#8220;The cabinet has approved the proposal to allow MePDCL to avail the assistance restricted to Rs 1,345.72 crore under the Aatma Nirbhar [&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":[146,130,234],"tags":[],"class_list":["post-368016","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/368016","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=368016"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/368016\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=368016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=368016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=368016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}