90,000 Cr Liquidity Injection for DISCOMs: Finance Minister

02:31 PM May 13, 2020 | G Plus News

GUWAHATI: The Union Finance Ministry has issued Rs 90,000 crore liquidity injection for Electricity Distribution Companies of India (DISCOMs).

Loans are to be given against state guarantees for the exclusive purpose of discharging liabilities of DISCOMs to Gencos.

{{z2ybx51CLw9jgyRH6Sjc}}

Further, Central Public Sector Generation Companies shall give rebate to DISCOMs which shall be passed on to the final consumers (industries).