Ministry of Power has said that it had mandated that all electricity distribution companies would be brought under the ambit of the Electricity Conservation (EC) Act.
Tag: distribution companies
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RBI suggests alignment of existing debt recast pacts with scheme
The existing bilateral debt recast schemes between banks and some power distribution companies may be aligned with the government-introduced debt restructuring scheme, Reserve Bank of India (RBI) suggested. Last year, lenders entered into a debt restructuring agreement with power distribution firms in Uttar Pradesh, Rajasthan and Haryana — who together owe
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