Additional borrowing space only if states agree to take over discoms' future losses - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Additional borrowing space only if states agree to take over discoms' future losses

As per the guidelines issued by the finance ministry, states cannot renege on power purchase contracts, cannot have unpaid subsidies to discoms, will have to reduce operational and financial losses, and will have to reduce industrial tariffs.

from Industry-Economic Times
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