The wrong remedy for ailing power utilities

Commenting on the Cabinet decision on Monday (September 24), approving the R1.9 lakh crore debt recast package for the state distribution sector, a recent Indian Express editorial rightly describes, “For the second time in less than a decade, the power distribution sector has been handed a lifeline.” Undoubtedly, most of the utilities are burdened with mounting losses and operational inefficiencies.

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