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Discoms to get loans at cheaper rate to pay dues to Gencos: Minister

“PFC and REC provide loan to distribution and generation sector with a spread of 2.5 to 3 per cent. Under the present scheme, they have agreed to take lower 1.5 per cent spread that will lower the interest rate,” he said New Delhi: Financially stressed discoms will be offered loans at cheaper rates of 8.5 […]

Andhra Pradesh will soon become energy storage capital: Minister Gottipati Ravi Kumar – EQ