National Electricity Fund

NEW DELHI .  In order to provide interest subsidy on loans raised by distribution companies to improve the distribution network, National Electricity Fund (NEF), an interest subsidy scheme has been set up. Under the Scheme, loan amounting to Rs.25,000 cr. sanctioned by lenders during the financial year 2012-13 & 2013-14 for capital projects in distribution sector duly approved by the Steering Committee shall be eligible to take the benefits of interest subsidy for a tenure of 13 years based on annual evaluations as per the guidelines.