• Latest
  • Trending
  • All
  • Sport
  • Cricket
  • Odisha

Atmanirbhar Bharat: Rs 90,000 Crore Package To Assist Power Discoms

5 years ago

Latest Odisha Breaking News Updates | Thursday, 17 July 2025

3 hours ago

Security Tightened At Key Offices Ahead Of Odisha Bandh Over FM College Student’s Death

9 hours ago
Bhubaneswar

Odisha Cabinet Approves Rs 4,879 Crore ‘Samrudha Sahar’ Scheme For Development Of Urban Areas

10 hours ago

Odisha Cabinet Allows Bifurcation Of Mayurbhanj Police District

10 hours ago

Odisha Govt To Waive Off Fee Of OAV Students Residing In Non-KGBV Hostels

10 hours ago

Odisha Cabinet Clears Ordinance Giving More Powers To Chancellor In V-C Appointments

10 hours ago

More Incentives For Projects As Odisha Cabinet Approves 16 Changes To Semicon Policy

11 hours ago

Ronit Roy To Join ‘Anupamaa’, Not ‘Kyunki Saas Bhi Kabhi Bahu Thi’ Reboot

11 hours ago

Kriti Sanon Replaces New Mom Kiara Advani In ‘Don 3’

11 hours ago
Oplus_131072

College Student Collapses And Dies At Popular Amusement Park In Kolkata, Underlying Illness Suspected

11 hours ago

‘Serious About Ruling The Industry One Day’: Elvish Yadav’s Workout Session From London Takes Internet By Storm

11 hours ago

Odisha Govt Extends Last Date For Spot Admission Into UG Courses

11 hours ago
  • Home
  • About us
  • Career
  • Contact
  • Privacy Policy
Thursday, July 17, 2025
No Result
View All Result
Odisha Bytes
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review
Odisha Bytes
No Result
View All Result
Home Virus Scare Coronavirus

Atmanirbhar Bharat: Rs 90,000 Crore Package To Assist Power Discoms

by OB Bureau
May 16, 2020
in Coronavirus, India, power supply
Reading Time: 1 min read
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

New Delhi: The Union government has allocated a Rs 90,000 crore financial package to assist power distribution companies (Discoms) across the country who have been under stress during the lockdown caused by Covid-19 pandemic.

The Ministry of Power has written to all states and Union Territories, informing them of the government’s decision under the Atmanirbhar Bharat (self-reliant) mission. The funding will be done in two tranches of Rs 45, 000 crore each.

“The package for power sector will significantly reduce the burden of Discoms for maintaining  distribution of electricity as supplied by gencos/transcos during these difficult times,”  said Minister of State (Independent Charge) for Power and New & Renewable Energy, RK Singh.

The government on May 13 decided to make an infusion of liquidity of Rs 90,000 crore through Power Finance Corporation (PFC) and Rural Electrification Corporation (REC). Consequently, REC and PFC will extend special long-term transition loans up to 10 years to Discoms.

Loans will be provided to the Discoms against guarantees by the respective state governments which will be used to clear liabilities of CPSE Gencos/Transco, IPP and RE generators.

Tags: Atmanirbhar BharatCOVID-19Discomsfinancial packageMinistry of PowerstatesUnion governmentUnion Territories
Share196Tweet123

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
OB Bureau

OB Bureau

Related Posts

Oplus_131072

College Student Collapses And Dies At Popular Amusement Park In Kolkata, Underlying Illness Suspected

by OB Bureau
July 16, 2025

Kolkata: An 18-year-old college student died under mysterious circumstances at an amusement park in Kolkata on Wednesday afternoon. The police...

Oplus_131072

Top Maoist, CoBRA Commando And Villager Killed In Encounter In Jharkhand’s Bokaro

by OB Bureau
July 16, 2025

Bokaro: A top Maoist commander, with a bounty of Rs 5 lakh on his head, was killed in an encounter...

In A First, IGNOU Launches Online Sand Art Courses With Odisha’s Sudarsan Pattnaik

by OB Bureau
July 16, 2025

Bhubaneswar: The Indira Gandhi National Open University (IGNOU) has launched two online courses on sand art in collaboration with acclaimed...

Oplus_131072

Prisoners Not Entitled To ‘Preferred Or Costly’ Food Items In Jail: SC

by OB Bureau
July 16, 2025

New Delhi: Prisoners, including those with disabilities, are not entitled to ‘preferred or costly food items’ in jail, the Supreme...

Odisha Bytes

Copyright © 2025 Frontier Media

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review

Copyright © 2025 Frontier Media