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News Brief | October 2013

Power companies avail governments interest subsidy scheme

Power distribution companies of 14 states including Delhi, Maharashtra, Andhra Pradesh, Haryana, Uttarakhand and Himachal Pradesh have availed the Centre's interest subsidy scheme, National Electricity Fund. The other state distribution utilities to have availed the scheme are West Bengal, Madhya Pradesh, Chhattisgarh, Rajasthan, Delhi, Gujarat, Karnataka, Tamil Nadu and Punjab. National Electricity Fund was been set up to provide interest subsidy on loans raised by distribution companies to improve the distribution network.
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