Power sector reforms: Kerala receives nod for a further ₹2,924-crore borrowing space

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The Union Finance Ministry has sanctioned a further borrowing abstraction worthy ₹2,924 crore to Kerala successful presumption of the powerfulness assemblage reforms implemented by the State, Electricity Minister K. Krishnankutty said connected Monday. Last week, the Centre had sanctioned an further borrowing abstraction worthy ₹2,924 crore tied to powerfulness assemblage reforms.

Subsequently, the State had submitted further documents to the Centre pertaining to the reforms, which has led to the latest decision, Mr. Krishnankutty said. The expenditure part of the Union Finance Ministry has issued a notification successful this regard, helium said. With this, the State has received support for an further borrowing of ₹5848 crore successful transportation with reforms successful the powerfulness sector.

Published - March 09, 2026 09:59 p.m. IST

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