News Brief | December 2016
Discoms mop up Rs.277 crore post demonestisation
Electricity distribution companies in Karnataka have managed to collect Rs.277 crore in the last five days, after announcing to accept demonetised notes for bill payment. Energy minister DK Shivakumar said that the companies will continue to accept old notes of Rs.500 and Rs.100 denominations until November 24. ´Even the farmers who have opted for regularisation of their irrigation pumpset connection can utilise this opportunity by paying the remaining fees through old notes,´ he said.
Contact: Karnataka Govt.