BusinessThe amount of funds to IPPs reached 1800 billion rupees

The amount of funds to IPPs reached 1800 billion rupees


The amount of funds to IPPs reached 1800 billion rupees.

In keeping with Finance Ministry sources, the IPPs are urgent the Ministry of Vitality and Ministry of Finance for instant funds.

On account of delay in funds to IPPs there’s a worry of discount in power manufacturing, there’s additionally a worry of imposition of late fee surcharge resulting from delay in funds, the revolving debt of the power sector has reached the extent of 2310 billion rupees.

Finance Ministry sources say that about Rs 140 billion is more likely to be launched this week for funds to IPPs.

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