<p>The Meghalaya Cabinet on Friday approved a proposal for Meghalaya Energy Corporation Ltd (MeECL) to avail a loan of up to Rs 1,345.72 crore towards clearing dues.</p>.<p>The cabinet, however, set a few conditions for the approval, including bringing down the aggregate technical and commercial (AT&C) losses.</p>.<p>The Meghalaya Power Distribution Corporation Ltd (MePDCL) has "a huge outstanding" towards central power generating stations and the Power Grid Corporation of India Ltd (PGCIL), Power Minister James K Sangma said.</p>.<p>"The cabinet has approved the proposal to allow MePDCL to avail the assistance restricted to Rs 1,345.72 crore under the Aatma Nirbhar Bharat Abhiyaan (ANBA)," he said.</p>.<p>MePDCL has seen poor revenue collections due to the Covid-19 pandemic, the minister said</p>
<p>The Meghalaya Cabinet on Friday approved a proposal for Meghalaya Energy Corporation Ltd (MeECL) to avail a loan of up to Rs 1,345.72 crore towards clearing dues.</p>.<p>The cabinet, however, set a few conditions for the approval, including bringing down the aggregate technical and commercial (AT&C) losses.</p>.<p>The Meghalaya Power Distribution Corporation Ltd (MePDCL) has "a huge outstanding" towards central power generating stations and the Power Grid Corporation of India Ltd (PGCIL), Power Minister James K Sangma said.</p>.<p>"The cabinet has approved the proposal to allow MePDCL to avail the assistance restricted to Rs 1,345.72 crore under the Aatma Nirbhar Bharat Abhiyaan (ANBA)," he said.</p>.<p>MePDCL has seen poor revenue collections due to the Covid-19 pandemic, the minister said</p>