NTPC slaps BSES with black-out notice for money due

State-owned NTPC, India's largest producer of electricity, has slapped BSES, a private power distributor, with a notice saying that it'll cut off supply if the latter doesn't cough up money due to NTPC. Delhi is one of the few places in India with private power distribution: nine years after what started out as a bold experiment, the effort seemed to be paying off. The summer of 2011 saw fewer power cuts and the theft of electricity has dropped from more than 50% before privatisation to about 12% now.

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