Power Sector Debt
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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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Centre to Announce Major Reforms in Power Sector Soon: Arun Jaitley
The National Democratic Alliance (NDA) government in the next couple of days will announce a major policy for the stressed power sector, which has been reeling under high debt, Finance Minister Arun Jaitley said today.
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Bailout, but no reform, for indebted power distributors
India is set to offer a bailout to its cash-strapped power distributors that would help restructure more than $35 billion in debt but do little to reform a sector whose dysfunction has exacerbated the country's growth-sapping energy crisis.
-
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.
-
Centre to Announce Major Reforms in Power Sector Soon: Arun Jaitley
The National Democratic Alliance (NDA) government in the next couple of days will announce a major policy for the stressed power sector, which has been reeling under high debt, Finance Minister Arun Jaitley said today.
-
Bailout, but no reform, for indebted power distributors
India is set to offer a bailout to its cash-strapped power distributors that would help restructure more than $35 billion in debt but do little to reform a sector whose dysfunction has exacerbated the country's growth-sapping energy crisis.
