Last Updated: Thursday, September 27, 2012, 18:23
The government, on Monday, approved proposal to restructure debt of power distribution companies -- whose accumulated losses were worth about Rs 2.46 lakh crore at the end of March 2012.
Last Updated: Thursday, August 09, 2012, 22:18
Global financial services firm Moody's on Thursday said recent power outages underline the need for sectoral reforms while the long-term implications could be negative depending on the type of government response.
Last Updated: Thursday, August 02, 2012, 15:33
The failure of grids that caused massive electricity crisis in 22 states this week could act as a catalyst for power sector reforms such as improving the financial health of distribution entities, says Goldman Sachs.
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