India considering $12 billion plan to bail out State power distributors
Under the proposal, at least 20% of the State’s total power consumption must be met by private companies and the states must assume part of the retailer’s debt, according to the Power Ministry presentation. File. | Photo Credit: K. Bhagya Prakash India is considering a bailout exceeding ₹1 trillion ($12 billion) for debt-laden State-run power…
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