ICICI Securities: Discom Liquidity Infusion Scheme Gains Traction 
Power lines run from a power plant. (Photographer: George Frey/Bloomberg)

ICICI Securities: Discom Liquidity Infusion Scheme Gains Traction 

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ICICI Securities Report

With sanctions totalling Rs 1.14 trillion and application for a further Rs 157 billion (under Ujjwal Discom Assurance Yojana limit relaxation) by Chhattisgarh, Jharkhand and Uttar Pradesh, the total applications under the Power Finance Corp./Rural Electrification Corp. Aatmanirbhar Scheme to infuse liquidity into discoms touch Rs 1.3 trillion.

Of this, Rs 311.4 billion has already been disbursed to several states.

UDAY limit relaxation has allowed states to borrow more and, apart from the mentioned states, others including Maharashtra, Himachal Pradesh, have also availed of the benefit.

Click on the attachment to read the full report:

ICICI Securities Power Sector Update.pdf

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