Question : LOAN TO POWER COMPANIES



(a) the amount of loan provided by the Power Finance Corporation to the power companies during each of the last three years; and

(b) the amount of loan proposed to be provided to them during the current financial year?

Answer given by the minister

THE MINISTER OF POWER ( SHRI P.M. SAYEED )

(a) : The amount of Loan provided by Power Finance Corporation Ltd. (PFC) during each of the last three years is as under :-

Financial Year	Disbursement (Rupees in Crores)
2001-02 5150 2002-03 7338 2003-04 8975



(b) : PFC has signed an MOU with the Ministry of Power according to which a target of Rs.7620 crores has been set for disbursement of loans during the current financial year i.e. 2004-2005.