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Andhra Pradesh Releases ₹9 Billion to Pay NTPC Towards Letter of Credit

The payment is aimed at helping DISCOMs fulfill their commitments

September 7, 2020

/ Rakesh Ranjan
/ Grid, Market & Policy,
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The government of Andhra Pradesh approved ₹9 billion (~$123 million) to meet the expenditure of the state distribution companies (DISCOMs) in line with the payment mechanism notified by the central government.

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Rakesh Ranjan

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