Government to Inject ₹900 Billion to Help Ailing Power DISCOMs Amid Coronavirus Crisis

The liquidity injection is part of the Government of India’s stimulus package to help the economy recover from the lockdown

May 13, 2020

/ Nithin Thomas

/ Grid, Market & Policy,

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In a press conference in New Delhi, Finance Minister Nirmala Sitaraman announced that power distribution companies (DISCOMs) would receive ₹900 billion (~$12.03 billion) as part of the Government of India’s (GOI) stimulus package to help the Indian economy recover from the coronavirus crisis

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Nithin Thomas

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Government to Inject ₹900 Billion to Help Ailing Power DISCOMs Amid Coronavirus Crisis

Continue Reading with Premium Access

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