India Power Sector Rescue Package
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Rescue Package for Distressed Power Sector Approved By Government
A rescue package for loss-making power utilities was approved by the government today, to allow distressed power distribution companies in some states to convert their debt into state bonds.
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Looking For Reform Success, PM Modi Readies Electricity Rescue Plan
The government is preparing a rescue package for power utilities that owe crores of rupees, but Prime Minister Narendra Modi must first convince states to make politically hard choices as he seeks a victory for reforms needed to galvanise the economy.
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Rescue Package for Distressed Power Sector Approved By Government
A rescue package for loss-making power utilities was approved by the government today, to allow distressed power distribution companies in some states to convert their debt into state bonds.
-
Looking For Reform Success, PM Modi Readies Electricity Rescue Plan
The government is preparing a rescue package for power utilities that owe crores of rupees, but Prime Minister Narendra Modi must first convince states to make politically hard choices as he seeks a victory for reforms needed to galvanise the economy.
