Delhi government to adjust subsidy amount to BSES
Delhi government has decided not to pay the BSES discoms money under the power subsidy scheme and will adjust it with the dues owed by them to state-run power generation and transmission firms which are facing severe financial crunch.
BSES secures crucial loan of Rs.4,905 crore
The Power Finance Corporation has sanctioned a loan of Rs 4,905 crore to cash strapped BSES discoms. The BSES discoms had sought a long-term financial solution through PFC, which had proposed a financial package of Rs 11,006 crore last year.
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