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Govt showers Rs 16,000-crore bailout to hydropower sector

Package includes 4% interest subvention, low tariff and power-purchase obligation for states

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Hydropower Sector

Shreya Jai  |  New Delhi 



Govt showers Rs 16,000-crore bailout to hydropower sector

The Centre has decided to provide a Rs 16,000-crore bailout package to the hydropower sector, drowning under a spate of stalled and stressed projects. This is the first package for the power sector provided by the current government.

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First Published: Fri, June 09 2017. 02:40 IST

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