(MENAFN - KNN India)
Five states get additional borrowing of Rs. 2,094 cr for power sector reforms New Delhi, Feb 20 (KNN) Five more states namely, Bihar, Goa, Karnataka, Rajasthan and Uttarakhand have successfully met the target set by the Ministry of Power for a reduction in Aggregate Technical & Commercial (AT & C) losses or achieved the targeted reduction in Average Cost of Supply and Average Revenue Realisation (ACS-ARR) gap.
Successful implementation of the reform has made these five states eligible to mobilise additional financial resources of Rs. 2,094 crore. The permission for the same has been accorded by the Department of Expenditure.
Reform linked additional borrowing permissions are stimulating reforms in Power Sector in the states.
India- Five states get additional borrowing of Rs 2,094 cr for power sector reforms
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India- Five states get additional borrowing of Rs 2,094 cr for power sector reforms
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.