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Power Sector to receive Rs 11000 crores financial assistance to clear power purchase liabilities under Atmanirbhar Bharat Abhiyan


Power Sector to receive Rs 11000 crores financial assistance to clear power.
Power Sector to receive Rs 11000 crores financial assistance to clear power purchase liabilities under Atmanirbhar Bharat Abhiyan
Nearly Rs 1000 crores saving annually on interest payments alone
SRINAGAR: A loan assistance of 11024.47 crores has been approved for Jammu & Kashmir under the Atmanirbhar Bharat Abhiyan (liquidity infusion scheme in DISCOMs.) This will enable J&K to clear its outstanding payments under Power purchases made by it. An MoU for availing of the of the second tranche of this loan for Rs. 5444.47 crores was signed between JK Power Development Department, J&K Power Corporation Ltd. and Power Finance Corporation in the presence of the Principal Secretary Power Development Department, Sh Rohit Kansal at Srinagar today. The MoU was signed by the Director Finance PDD, Mr M. H Malik and Chief Engineer JKPCL, Mr. Mohammad Yousuf Baba and Mr. Madhu Chakraborty GM, L&D PFC. The M ....

Jammu And Kashmir , Mohammad Yousuf Baba , Manoj Sharma , Rohit Kansal , Atmanirbhar Bharat Abhiyan , Power Development Department , Power Finance Corporation , Power Finance Corporation Ltd , Rural Electrification Corporation Ltd , Jk Power Development Department , Jk Power Corporation Ltd , Development Department , Principal Secretary Power Development Department , Director Finance , Chief Engineer , Madhu Chakraborty , ஜம்மு மற்றும் காஷ்மீர் , முகமது யௌசுப் பாபா , மனோஜ் ஷர்மா , ரோஹித் கன்சால் , பவர் வளர்ச்சி துறை , பவர் நிதி நிறுவனம் , பவர் நிதி நிறுவனம் லிமிடெட் , கிராமப்புற மின்மயமாக்கல் நிறுவனம் லிமிடெட் , ஜுக் பவர் வளர்ச்சி துறை , ஜுக் பவர் நிறுவனம் லிமிடெட் ,

JK Govt Raising Rs 11000 Cr To Manage Power Liabilities


JK Govt Raising Rs 11000 Cr To Manage Power Liabilities
PDD Signs MoU With PFC
An MoU for availing of the second tranche of this loan for Rs. 5444.47 crores was signed between JK Power Development Department, J&K Power Corporation Ltd. and Power Finance Corporation in the presence of the Principal Secretary Power Development Department, Rohit Kansal at Srinagar on Saturday. The MoU was signed by the Director Finance PDD, M. H Malik and Chief Engineer JKPCL, Mohammad  Yousuf Baba and Madhu Chakraborty GM, L&D PFC. The MDs of the DISCOMS, Chief engineers of PDD and other senior officers were present on the occasion. ....

Jammu And Kashmir , Manoj Sharma , Atmanirbhar Bharat Abhiyan , Yousuf Baba , Power Development Department , Power Finance Corporation , Power Finance Corporation Ltd , Rural Electrification Corporation Ltd , Jk Power Development Department , Jk Power Corporation Ltd , Mou With , Development Department , Principal Secretary Power Development Department , Rohit Kansal , Director Finance , Chief Engineer , Madhu Chakraborty , ஜம்மு மற்றும் காஷ்மீர் , மனோஜ் ஷர்மா , யௌசுப் பாபா , பவர் வளர்ச்சி துறை , பவர் நிதி நிறுவனம் , பவர் நிதி நிறுவனம் லிமிடெட் , கிராமப்புற மின்மயமாக்கல் நிறுவனம் லிமிடெட் , ஜுக் பவர் வளர்ச்சி துறை , ஜுக் பவர் நிறுவனம் லிமிடெட் ,