{"id":10178,"date":"2024-06-14T14:36:55","date_gmt":"2024-06-14T14:36:55","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=10178"},"modified":"2024-06-14T14:36:55","modified_gmt":"2024-06-14T14:36:55","slug":"karnataka-government-to-pump-in-rs-2000-crore-to-revive-five-escoms","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/karnataka-government-to-pump-in-rs-2000-crore-to-revive-five-escoms\/","title":{"rendered":"Karnataka government to pump in Rs 2,000 crore to revive five Escoms"},"content":{"rendered":"<p>The government plans to allocate Rs 2,000 crore to restructure and revive the five ailing electricity supply companies (<u>Escoms<\/u>) in the state. The state cabinet, which is scheduled to meet in Belagavi next week to discuss the <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> anticonversion bill, is expected to sanction the proposal.<\/p>\n<p>The five electric supply companies <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div>  Bescom (Bengaluru), Chescom (Chamundeshwari),<u>Gescom<\/u>(<u>Gulbarga<\/u>), Mescom (Mangaluru) and Hescom (Hubballi)  have been in the red largely due to rising dues from the government. They had recently approached Bommai seeking clearance of dues to the tune of Rs 2,000 crore to ensure uninterrupted power supply.<\/p>\n<p>Energy department officials said the government will make payment in two parts  grants and guarantees for Escoms to raise loans from the market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government plans to allocate Rs 2,000 crore to restructure and revive the five ailing electricity supply companies (Escoms) in the state. The state Subscribe on YouTube cabinet, which is scheduled to meet in Belagavi next week to discuss the anticonversion bill, is expected to sanction the proposal. The five electric Join Our Telegram Channel &#8230; <a title=\"Karnataka government to pump in Rs 2,000 crore to revive five Escoms\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/karnataka-government-to-pump-in-rs-2000-crore-to-revive-five-escoms\/\">Read more <span class=\"screen-reader-text\">Karnataka government to pump in Rs 2,000 crore to revive five Escoms<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1098],"tags":[860],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Karnataka government to pump in Rs 2,000 crore to revive five Escoms - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/karnataka-government-to-pump-in-rs-2000-crore-to-revive-five-escoms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Karnataka government to pump in Rs 2,000 crore to revive five Escoms\" \/>\n<meta property=\"og:description\" content=\"The government plans to allocate Rs 2,000 crore to restructure and revive the five ailing electricity supply companies (Escoms) in the state. The state cabinet, which is scheduled to meet in Belagavi next week to discuss the anticonversion bill, is expected to sanction Subscribe on YouTube the proposal. The five electric supply companies Bescom (Bengaluru), ... 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The state cabinet, which is scheduled to meet in Belagavi next week to discuss the anticonversion bill, is expected to sanction Subscribe on YouTube the proposal. The five electric supply companies Bescom (Bengaluru), ... 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