Why the $12-bn bailout for electricity distribution firms won’t light up the power sector

By Aman Malik

  • 26 May 2020
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Credit: Pixabay

Earlier this month, the Narendra Modi government decided to provide a credit line of Rs 90,000 crore (almost $12 billion) to power distribution companies as part of its much publicised Rs 20-trillion package to revive the economy in the wake of the coronavirus pandemic. It’s like putting a Band-Aid on ......

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