Over ₹300 Billion Released by REC Under DISCOMs’ Liquidity Package

Over ₹300 Billion Released by REC Under DISCOMs’ Liquidity Package

REC Limited, formerly called the Rural Electrification Corporation Limited, reported that it had sanctioned over ₹300 billion (~$4 billion) to distribution companies (DISCOMs) in the country as of July 31, ...
Andhra Pradesh Approves ₹28.94 Billion for DISCOMs to Clear Solar & Wind Power Dues

Andhra Pradesh Approves ₹29.84 Billion for DISCOMs to Clear Solar & Wind Power Dues

The Andhra Pradesh government has approved ₹29.84 billion (~$415.67 million) to distribution companies (DISCOMs) in the state towards the payment of 25% of their losses, allowing them to clear their ...
ADB Grants $451 Million Loan to Boost Power Transmission Capacity in Tamil Nadu

ADB Grants $451 Million Loan to Boost Power Transmission Capacity in Tamil Nadu

The Asian Development Bank (ADB) has sanctioned a $451 million (~₹31.77 billion) loan to the state of Tamil Nadu for a project that will enable better power transfer between the ...
/ / Grid, T&D