Government to Inject ₹900 Billion to Help Ailing Power DISCOMs Amid Coronavirus Crisis

The liquidity injection is part of the Government of India’s stimulus package to help the economy recover from the lockdown

May 13, 2020

/ Nithin Thomas

/ Grid, Market & Policy

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights

In a press conference in New Delhi, Finance Minister Nirmala Sitaraman announced that power distribution companies (DISCOMs) would receive ₹900 billion (~$12.03 billion) as part of the Government of India’s (GOI) stimulus package to help the Indian economy recover from the coronavirus crisis

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

Already have an account? Sign In

Nithin Thomas

Get the most relevant India solar and clean energy news.

Government to Inject ₹900 Billion to Help Ailing Power DISCOMs Amid Coronavirus Crisis

MERCOM Insider

Get the most relevant India solar and clean energy news.

RECENT POSTS