14 December 2019 | BRIDGE TO INDIA
As per news reports, SECI is seeking to invoke its legal rights in the tripartite agreement with Andhra Pradesh and the Reserve Bank of India to claim INR 276 million (USD 4 million) of outstanding amount from the state DISCOMs. If true, it is a dramatic and unimaginable escalation of conflict between the Centre and state. It is also an indicator of acute financial stress facing the state governments and DISCOMs.
This is a PREMIUM blog available only to our paid subscribers, please login for full access. For buying a subscription to PREMIUM blogs, please write to us at marketing@bridgetoindia.com
