PFC, REC disburse Rs 33,694 crore transitional loans to discoms
February 20, 2014 Power Finance Corp and Rural Electrification Corp have disbursed transitional loans worth Rs 33,694 crore to state-owned power distribution companies. Besides, the two state-owned power sector lenders have together subscribed to Uttar Pradesh Power Corp Ltd’s (UPPCL) bonds worth Rs 2,612 crore. The government is also implementing......