J&K Discoms among 4 States get financial assistance to clear power dues - Jammu Kashmir Latest News | Tourism

*Rs 22,000 crores sanctioned under new LPS Rules Nishikant Khajuria JAMMU, Aug 4: Under new LPS Rules, State owned Non-Banking Finance Company (NBFC) REC Ltd has sanctioned Rs 22,000 crores to power distribution companies (Discoms) of Jammu Kashmir Union Territory and three other States to clear their dues. This significant financial assistance was provided yesterday for clearing the outstanding dues by the distribution licensees, which will be paying to their electricity suppliers. The total outstanding dues owned by electricity Distribution […]

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