National Electricity Fund

for Ministry of Power | Date - 25-04-2013


Government of India launched the National Electricity Fund (Interest Subsidy Scheme) in July 2012 to provide interest subsidy on loans raised by both public and private Distribution Companies (DISCOMS), for capital works sanctioned by financial instituti

and 2013-14.

have been sanctioned by the Union Government to various Utilities/States for consideration of Interest subsidy benefit under National Electricity Fund.

would be the Nodal Agency to the scheme.

Gandhi (RGGVY) and non Restructured Accelerated Power Development and Reforms Programme (R-APDRP) projects.

of State Electricity Regulatory Commission (SERC), formulation of business plan for turn around of utilities, re-organization of State Electricity Boards (SEB), release of subsidy by State Government to , submission of audited annual accounts and timely filing of tariff petition.

. 8466 spread over 14 years for loan disbursement amounting to . 25,000 for distribution schemes sanctioned during the 2 years viz., 2012-13 and 2013-14.

(I/C) Power.M.in thetoday.



(This is an archive of the press release and has not been edited by our staff.)