Missouri co-ops to get $237M in federal loans
The money from the U.S. Department of Agriculture will go to build or repair electric distribution lines and to finance energy conservation or renewable energy systems.
About $200 million will go to Springfield-based Associated Electric Cooperative, which serves customers in Missouri, Oklahoma and Iowa.
Nearly $19 million will go to United Electric Cooperatives, based in Savannah.
West Central Electric Cooperative, based in Higginsville, will get nearly $13 million.
Sac Osage Electric Cooperative, based in El Dorado Springs, will receive $5.5 million.
Related News
OPINION Rewiring Indian electricity
NEW DELHI - India's electricity industry is in a financial and political tangle.
Power producers sit on thousands of megawatts of underutilized plant, while consumers face frequent power cuts, both planned and unplanned.
Financially troubled generators struggle to escape insolvency proceedings. The state-owned banks that have mostly financed power utilities fear that debts of troubled utilities totaling 1.74 trillion rupees will soon go bad.
Aggressive bidding for supply contracts and slower-than-expected demand growth is the root cause. The problems are compounded by difficulties in securing coal and other fuels, high transmission losses, electricity theft and cash-starved distribution companies.
But India's 36 state and union…
