Weekly Update: Power tariffs set to rise as the debt restructuring process for states gets underway

Jasmeet Khurana | 03 December 2013

Weekly Update: Power tariffs set to rise as the debt restructuring process for states gets underway As a part of the central government’s debt restructuring process, four states – Haryana, Uttar Pradesh, Rajasthan and Tamil Nadu – have begun the process of taking over their short term liabilities from the respective power distribution companies (refer). According to the approved scheme, 50% of the liabilities would be taken over by the state


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