https://www.taxtmi.com/news?id=3804 The scheme requires State Governments to take over a major portion of Discom short-term liabilities converted into bonds backed by State guarantees, while the remaining short-term loans are to be rescheduled with moratoriums and concessionary terms. Participation is conditional on measurable operational improvements by Discoms and States, monitored by State and Central committees. Central incentives include grants tied to additional energy savings from accelerated AT&C loss reduction and capital reimbursement support for part of the principal repaid by State Governments on the taken-over liabilities. en-us Tue, 25 Sep 2012 10:48:27 +0530 Tue, 25 Sep 2012 10:48:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3804 The scheme requires State Governments to take over a major portion of Discom short-term liabilities converted into bonds backed by State guarantees, while the remaining short-term loans are to be rescheduled with moratoriums and concessionary terms. Participation is conditional on measurable operational improvements by Discoms and States, monitored by State and Central committees. Central incentives include grants tied to additional energy savings from accelerated AT&C loss reduction and capital reimbursement support for part of the principal repaid by State Governments on the taken-over liabilities. News - Tue, 25 Sep 2012 10:48:27 +0530 https://www.taxtmi.com/news?id=3804