Government announces Rs. 90,000 crore liquidity injection for DISCOMs
Keeping in view that the earnings of the Power Distribution companies had plummeted, the government has provisioned for loans for them against state guarantees. This will be done exclusively for the purpose of clearing the dues of power generation companies.
To give a fillip to DISCOMs with plummeting revenue and facing an unprecedented cash flow problem, Government announces Rs. 90,000 Crore Liquidity Injection for DISCOMs. #AatmaNirbharBharatAbhiyan pic.twitter.com/EVqz8nsm4p— PIB India #StayHome #StaySafe (@PIB_India) May 13, 2020