Power Finance Corporation Ltd. (PFC) signed a loan agreement with Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) for a financial assistance of Rs. 3000 crore.
India’s power distribution system is showing concrete signs of revival and lower operational losses as chronically inefficient states have significantly narrowed the gap between cost and revenue, reduced unmetered supply and are planning large bond issues in 10 days.
After several rounds of negotiations, Tamil Nadu is to join the Centre’s Ujwal Discom Assurance Yojana (UDAY Scheme) on January 9.
Karnataka and Goa joins government’s popular initiative, Ujwal DISCOM Assurance Yojana (UDAY), a scheme meant