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Cabinet nod for Rs 2 lakh cr debt rejig of SEBs

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Press Trust of India New Delhi

The Cabinet Committee on Economic Affairs (CCEA) has cleared the Rs 2 lakh crore restructuring package for the state electricity boards (SEBs), sources said.

The plan for restructuring the debt of discoms has been in the works for some time now.

The Power Ministry had earlier prepared a Cabinet note on the issue. It reworked the proposal, reportedly after the Finance Ministry expressed reservations.

  

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First Published: Sep 24 2012 | 7:45 PM IST

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