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ICRA Keeps Power Distribution Sector on Negative Watch as Discom Debt Mounts

ICRA Keeps Power Distribution Sector on Negative Watch as Discom Debt Mounts

The rating agency further expects the Supreme Court’s recent directive for all state electricity regulatory commissions to liquidate legacy regulatory assets will trigger steep tariff hikes across several states, necessitating state government support for effective implementation. Rating agency ICRA has retained a negative outlook on India’s power distribution sector, citing weak operational efficiencies, inadequate tariff...