Power Finance Corporation (PFC), the state-owned electricity-sector lender, is likely to bail Reliance Infrastructure's Delhi power distribution companies (discoms) out of a payment crisis that is threatening to pull the plug on power supply in the national capital.
According to a source, the two discoms - BSES Yamuna Pvt Ltd (BYPL) and BSES Rajdhani Pvt Ltd (BRPL) - which need to clear dues of Rs 700 crore for power bought from NTPC, had approached PFC for a Rs 500-crore loan and a Rs 10,000-crore long-term debt.