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    Question

    Which CPSE has signed a  200 million Euro loan

    agreement with the German bank KfW to enhance the distribution infrastructure of DISCOMs in line with the Revamped Distribution Sector Scheme (RDSS) of the Government of Indi?
    A NTPC Ltd Correct Answer Incorrect Answer
    B Coal India Ltd. Correct Answer Incorrect Answer
    C IOCL Correct Answer Incorrect Answer
    D REC Ltd. Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    REC Limited, has signed a 200 million Euro loan agreement with the German bank KfW. This marks REC's sixth line of credit under the Indo-German Development Cooperation and demonstrates the corporation’s commitment to enhance the distribution infrastructure of DISCOMs in line with the Revamped Distribution Sector Scheme (RDSS) of the Government of India.REC is the nodal agency to implement the RDSS scheme. The government launched the Revamped Distribution Sector Scheme (RDSS) to help DISCOMs improve their operational efficiencies and financial sustainability by providing result-linked financial assistance to DISCOMs to strengthen supply infrastructure based on meeting pre-qualifying criterial and achieving basis minimum benchmarks.

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