 "Arun Jaitley, finance Minister")
Prime Minister Narendra Modi-led cabinet took several key decisions on a range of issues on Thursday. Finance Minister Arun Jaitley announced the decisions in a press briefing.
Here are the key decisions made by the Cabinet:
GoM's recommendations on stressed power plants approved
The Union Cabinet Thursday approved recommendations of a group of ministers (GoM) relating to stressed power projects including grant of coal linkage for short-term power purchase agreements (PPAs).
The recommendations approved include grant of coal linkage for short-term PPAs, allowing existing coal linkage to be used in case of termination of PPAs due to payment default
The recommendations approved include grant of coal linkage for short-term PPAs, allowing existing coal linkage to be used in case of termination of PPAs due to payment default
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