Red Tape Slows Rs 90,000 Crore Lifeline To Power Distributors: Report

[ad_1] Power Finance Corporation and REC disbursed a combined Rs 11,200 crore as of Tuesday. Two months after India announced a Rs 90,000 crore ($12 billion) loan program to aid power distributors punished by the pandemic, only a fraction has been utilized as many state applications have yet to meet the lending requirements, according to […]

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