 "Bengal takes Rs 1,022-cr loan from Centre to iron out discom liquidity stress")
West Bengal has taken a Rs 1,022-crore transition loan from the Centre to help its power distribution company tide over liquidity stress amid the Covid-19 pandemic.
The loan is part of the central government's Rs 90,000-crore 'Atmanirbhar Bharat Abhiyan' package to assist stressed distribution companies.
The West Bengal State Electricity Distribution Co Ltd (WBSEDCL) has been facing financial woes with minuscule collections in April and May resulting in an over Rs 2,000- crore shortfall, officials said.
With a consumer base of about two crore, WBSEDCL caters to the entire state except Kolkata and a part of its adjoining districts.
