livemint.com,
New Delhi: In an attempt to bridge a funding shortfall and help banks avoid asset-liability mismatches, the government plans to create a Rs50,000 crore debt fund that will raise low-cost and long-term resources for re-financing power projects.
"The fund is in the process of being formulated. Takeout financing is what we are looking at," said Union power secretary P. Umashankar.
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