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Tag Archives: Indian power sector faces $27 bln in annual losses

Indian power sector faces $27 bln in annual losses : World Bank

New Delhi, 24 June-2014(Reuters): India’s power sector faces annual losses of $27 billion by 2017 unless sweeping reforms are taken to tackle inefficient subsidies, theft and political meddling in utility companies, the World Bank said on Tuesday. Indian power sector faces $27 bln in annual losses : World Bank Prime …

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