The Power Finance Corporation has approved a Rs 705 crore loan package for state electricity boards' for renovation and modernisation schemes. These R&M schemes are expected to increase generation from the old and existing plants by 2,800 million units.
With this, the PFC has so far sanctioned Rs 2,375 crore and disbursed Rs 1,097 crore for various R&M schemes in the country and has enabled an increase in generation of around 7,500 million units.
Under the scheme the PFC board, Rs 600 crore w
