Bhubaneswar: The Union government on Tuesday announced financial incentives in the form of additional borrowing permissions to states to accelerate power sector reforms. The Department of Expenditure, Ministry of Finance said the move aims to “encourage and support the states in undertaking reforms to enhance the efficiency and performance of the power sector.” Based on […]
Centre to provide all support to Bengal for power sector reforms: Minister – EQ Mag Pro
Kolkata : The Centre will extend all possible support to West Bengal to carry out reforms in its energy sector, Union Power Minister R K Singh has said. The state government is reportedly preparing a reform project plan under the Revamped Distribution Sector Scheme (RDSS), which will be sent to the power ministry, after clearance […]
Finance Ministry grants additional Rs. 28,204 Cr. for undertaking power sector reforms to 10 States – EQ Mag Pro
The objectives of granting financial incentives as additional borrowing permissions for taking up reforms in the power sector are to improve the operational and economic efficiency of the sector and promote a sustained increase in paid electricity consumption. New Delhi: The Department of Expenditure, Ministry of Finance, has granted additional borrowing permission of Rs. 28,204 […]
States committing to power sector reforms incentivized by increased market borrowings space – EQ Mag Pro
REC Limited is working as nodal agency for implementation of the scheme, for Ministry of Power New Delhi: Ministry of Finance, Government of India, had launched a programme in June 2021 to allow additional borrowing space to State Governments, which is conditional on them undertaking and sustaining specific reforms in the power sector. REC Ltd […]