Government plans $41 billion reform to revive ailing power utilities

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Government plans $41 billion reform to revive ailing power utilities
By Siddhartha Singh, Debjit Chakraborty, Bloomberg
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Synopsis

Govt plan to revive regional electricity retailers. The announcement is likely to be made on Feb. 1 as part of the government’s budget for the year starting April 1

Reuters
Government is focusing on turning around electricity distributors to ensure reliable power supplies, improving the financial health of generators and making the sector more attractive to foreign investors.

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2 Comments on this Story

Amit Sharma19 minutes ago
OK, now 41 BILLION DOLLAR money is extracted from the Common man thru TAX on Petrol, Diesel and GAS.. Great show by Modi ji ..
Vijayakumar K35 minutes ago
I have traveled various interior villages of Karnataka a year back and that time noticed street light small electric bulbs were directly hooked to power lines and were burning 24 hours without any cut off switches during daylight.