{"id":425591,"date":"2021-07-13T10:58:26","date_gmt":"2021-07-13T05:28:26","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=425591"},"modified":"2021-07-13T10:58:26","modified_gmt":"2021-07-13T05:28:26","slug":"power-ministry-wants-finmin-to-advise-banks-on-discom-reforms","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/power-ministry-wants-finmin-to-advise-banks-on-discom-reforms\/","title":{"rendered":"Power Ministry wants Finmin to advise banks on Discom reforms"},"content":{"rendered":"<p>The power ministry will ask the finance ministry to advise banks to follow prudential norms laid down by sectoral financiers Power Finance Corp and REC stringently while lending to electricity distribution utilities.<\/p>\n<p>The move is aimed at stopping distribution companies from bypassing the guidelines when they approach banks instead of REC and PFC. The proposal comes just after the Centre kicked off a Rs 3.03 lakh crore perform-or-lose scheme for discoms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The power ministry will ask the finance ministry to advise banks to follow prudential norms laid down by sectoral financiers Power Finance Corp and REC stringently while lending to electricity distribution utilities. The move is aimed at stopping distribution companies from bypassing the guidelines when they approach banks instead of REC and PFC. The proposal comes just after the Centre kicked off a Rs 3.03 lakh crore perform-or-lose scheme for discoms.<\/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":[130,239,136],"tags":[],"class_list":["post-425591","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/425591","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=425591"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/425591\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=425591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=425591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=425591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}