Amendment status not verified — confirm the current text below against the official source.
The borrowings made by the State to takeover DISCOM debt during 2015-16 and 2016-17 shall be utilized by Government of Haryana solely for the purpose of discharging the DISCOM debt and shall be transferred to the DISCOM as a mix of grant, loan and equity as described in the following table: Year Total Debt taken over Transfer to the DISCOMs in the form of Grants Transfer to the DISCOMs in the form of loan Transfer to the DISCOMs in the form of Equity Outstanding State loan of the DISCOMs Year 1 50% of the total debt of Rs. 34600 crore 11.25% (Rs. 3892.50 crore) 35% (Rs. 12110 crore) 3.75% (Rs. 1297.50 crore) Rs. 12110 crore Year 2 25% of the total debt of Rs. 34600 crore 11.25% (Rs. 3892.50 crore) 45% (Rs. 15570 crore) 3.75% (Rs. 1297.50 crore) Rs. 15570 crore Year 3 11.25% (Rs. 3892.50 crore) 30% (Rs. 10380 crore) 3.75% (Rs. 1297.50 crore) Rs. 10380 crore Year 4 11.25% (Rs. 3892.50 crore) 15% (Rs. 5190 crore) 3.75% (Rs. 1297.50 crore) Rs. 5190 crore Year 5 11.25% (Rs. 3892.50 crore) 3.75% (Rs. 1297.50 crore)