Money

Photo: Currency Live

5 States To Avail Extra Grants For Completing Power Sector Reforms

The Finance Ministry on February 20 permitted five states, Karnataka, Rajasthan, Uttarakhand, Goa, and Bihar, to borrow an additional amount from the Centre for meeting the power sector reforms. Reportedly, the states successfully reduced aggregate technical and commercial losses while matching the cost of supply with average revenue gap. Andhra Pradesh and Madhya Pradesh have also been given the permission. Till now, the Centre has granted Rs 5,032-crore additional borrowing permission to the seven states.

Sat, 20 Feb 2021 - 09:16 AM / by Nikita Thakur

Tags
FINANCE MINISTRY
Power Reforms
Extra Grants Power Reforms
Goa
Bihar
Karnataka
Madhya Pradesh
Courtesy
Live Mint

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