Seb

Cabinet clears Rs 2 lakh crore debt rejig for power cos

The government today cleared the proposal to restructure debt worth nearly Rs 2 lakh crore of state electricity boards, giving a boost to the ailing power sector.

Rs 1,00,000 cr SEB debt bomb is waiting to explode

What industry experts really fear is the actual financial status of these boards. Nearly half the boards do not have an auditing mechanism worth its name.

Discoms to get performance-linked bailout package, says Moily

India's power distributors had accumulated losses of Rs 2.46 lakh crore up to the end of the fiscal year ending March 2012, Power Minister Veerappa Moily said on Tuesday.