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This Article is From Apr 05, 2021

Discom Liquidity Infusion Scheme Ends In 2021 With Disbursal Of  More Than Rs 75,000 Crore: ICICI Securities  

Discom Liquidity Infusion Scheme Ends In 2021 With Disbursal Of  More Than Rs 75,000 Crore: ICICI Securities  
Emissions billow from smokestacks at a power plant. (Photographer: Kuni Takahashi/Bloomberg)  

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

Additional disbursals totalling Rs 295 billion in the past two months through the Power finance corporation/Rural electrification corporation Aatmanirbhar scheme to infuse liquidity into discoms have taken total disbursal in FY21 to Rs 755.6 billion.

Further, loan sanctions have now reached Rs 1.35 trillion, an increase of Rs 105 billion during the same period under Ujjwal Discom Assurance Yojana limit relaxation, key beneficiaries being Uttar Pradesh, Rajasthan and Andhra Pradesh.

Additional disbursals have been mainly to UP, Telangana, Tamil Nadu and Bihar.

This has resulted in clearing of dues of Central public sector undertaking power generation companies, transmission companies and Coal India Ltd.

Click on the attachment to read the full report:

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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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