The Union Cabinet Committee on Economic Affairs (CCEA) has approved the setting up of National Electricity Fund (Interest Subsidy Scheme) to provide interest
subsidy aggregating to Rs 8,466 crore on loan disbursement amounting to Rs 25,000 crore to the State power utilities both in public and private sector, to improve the distribution network.
Tag: National Electricity Fund
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National Electricity Fund
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Min okays Rs 50,000 cr electric fund
In a move to help quicken the flagging pace of distribution reforms in the power sector, the Union Finance Ministry has approved the creation of a Rs 50,000 crore National Electricity Fund for attracting investment in this area.